While the reading was cooler than expected, consumers still saw higher costs for computers, ​appliances​ and hospital care.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
The new consumer price index report showed the inflation rate slowed more than expected.
The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.
The Labor Department on Friday released the January 2026 consumer price index (CPI), which showed that inflation remained ...
WASHINGTON, Feb 13 (Reuters) - U.S. consumer prices likely maintained a steady pace of increase in January as businesses ...
Seafood sales values increased across the U.S. as a combination of environmental factors and inflation lead to double-digit ...
A decline in the rate of price increases is good news for Americans who have grappled for years with rising costs of living.
Inflation slowed in January to its tamest pace since May 2025 as the economy seemingly skirts the full effects of President ...
Inflation cooled more than expected in January, according to consumer data released Friday by the Bureau of Labor Statistics.
Overall, the inflation rose to 2.4% annually in January, a significant cooldown from previous months. In December and November, inflation rates rose 2.7%, respectively. Those rates were still lower ...
By Lucia Mutikani WASHINGTON, Feb 13 (Reuters) - U.S. consumer prices increased less than expected in January amid cheaper ...