Consumer prices rise 0.5% in Jan., higher than expected

Trump slams ‘Bidenflation’ after prices rise more than than expected in January
US inflation rose unexpectedly in January — prompting President Trump to slam his predecessor Joe Biden as the downbeat numbers dimmed hopes for interest rate cuts. The Consumer Price Index rose 3% over the past 12 months after advancing 2.9% in December, the Bureau of Labor Statistics said on Wednesday.
Inflation rises as consumer prices surge in January
January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.
US consumer inflation unexpectedly accelerated to 3.0% in January
US consumer inflation unexpectedly accelerated last month, according to government data published Wednesday, adding to pressure on the Federal Reserve to continue its rate cut pause. The consumer price index (CPI) edged up to 3.
Inflation Was 3% In January—Worse Than Expected—As Egg Prices Soared 15%
The arguably more important measure of core inflation, which excludes price changes in the often volatile food and energy categories, increased 3.3% year-over-year in January, higher than forecasts of 3.1%. And core prices rose 0.4% from December to January, compared to estimates of 0.3%.
CPI: U.S. consumer prices rise 0.5% in January; egg prices spike 15.2%
U.S. consumer prices rose by more than expected in January, driven by a sharp increase in egg prices amid an outbreak of bird flu, the U.S. Bureau of Labor Statistics reported Wednesday.
Consumer prices rise 0.5% in January, higher than expected
CNBC's Rick Santelli joins 'Squawk Box' to break down January's CPI data.
US consumer prices climb 0.5% in January, annual inflation rises to 3%
Inflation in the US rose more than expected in January, reinforcing expectations that the Federal Reserve may delay interest rate cuts. The consumer price index (CPI), which tracks the cost of goods and services across the economy,
US inflation worsened last month in latest sign of sticky price pressures
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...
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US consumer inflation unexpectedly up, Trump blames Biden
US consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril ...
Gold Price Forecast: XAU/USD regains $2,900 amid easing fears
Spot Gold recovered from an intraday low of $2,863.61 and trades above the $2,900 mark in the mid-American session. Financial markets are quite volatile in the second half of the day after multiple ...
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Egg prices spike, other food costs rise in newly released consumer data
The cost of food rose in January by 0.4% with eggs seeing the biggest price hike they've seen in nearly 10 years, according ...
CPI read: Food inflation runs below overall CPI despite skyrocketing egg prices
The closely watched food category was up 2.5% year-over-year in January, with food away from home up 3.4% Y/Y during the ...
US eggs prices hit a record high of $4.95 and are likely to keep climbing
Egg prices have reached a record high in the U.S. The consumer price index released on Wednesday confirmed what consumers, ...
This Week: Consumer price index, Deere & Co. earnings, retail sales
Economists expect the consumer price index rose 2.9% last month, matching the year-over-year increase in December. The annual rate of inflation has been mostly inching higher since October. That has ...
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Consumer Prices Up 0.5% In January, Higher-Than-Estimated Figures Spook Stocks, Bonds: Retail Even Considers ‘Rate Hike’ As Solution
Consumer price index (CPI) rose 0.5% on a seasonally adjusted basis in January while the annual inflation rate rose 3%, ...