Inflation rate picked up in January, CPI report shows. Here's what it means for your money.
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the biggest monthly jump since August 2023. It may be due to price increases set at the start of the year by many businesses, noted Bright MLS chief economist Lisa Sturtevant in an email.
January consumer price index report shows a rise in inflation and prices
New numbers from the January consumer price index report show a rise in gas, eggs and coffee prices. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver break down the inflation numbers,
January CPI Inflation Accelerates, Potentially Delaying Any Rate Cuts
Consumer Price Index inflation rose 0.5% month-on-month, likely incrementally delaying any Federal Reserve plans for interest rate cuts.
Consumer price inflation, UK: January 2025
The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.9% in the 12 months to January 2025, up from 3.5% in December 2024. On a monthly basis, CPIH was little changed in January 2025,
Canada Inflation Accelerated Slightly to 1.9% in January
Market expectations for a pause in interest-rate cuts increase after the higher consumer-price report.
Canada's annual inflation in January edges up to 1.9%, core measures also up
Canada's annual inflation rate inched up to 1.9% in January from the previous month as higher gasoline and natural gas costs reduced the impact of a sales tax reprieve on broader consumer prices, official data showed on Tuesday.
Inflation rate rose to 1.9% in January
Canada's consumer price index rose to 1.9 per cent in January, with higher energy prices putting upward pressure on overall inflation, Statistics Canada said on Tuesday. The headline number was offset by the federal government's tax holiday,
Inflation in Canada quickens to 1.9% on energy prices
Canadian consumer prices reaccelerated for the first time in three months as the central bank’s preferred core measures are proving sticky.
Consumer Price Index: Inflation Heats Up To 3.0% In January
The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% ...
Legit on MSN20h
Uproar as Nigeria's Food Inflation crashes to 26% in NBS' rebased CPI report
The National Bureau of Statistics (NBS) have released shocking figures showing that inflation is down, in the newly rebased ...
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CPI rebasing could spark debt to equities shift —Experts
Experts have said that the rebasing of Nigeria’s Consumer Price Index could lead to a shift from debt instruments to equities.They noted that the adjustment, which reflects a new methodology for ...
The price of eggs just hit an all-time high. Here’s how the cost of everyday consumer goods is changing under the Trump administration.
Using Consumer Price Index data, the Tribune is tracking 11 everyday costs for Americans and how they are changing under the ...
Hot Jan US CPI surprise argues for Fed staying in neutral
The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was ...
History shows January CPI readings are prone to coming in hotter than expected
It's less than half an hour to the January consumer-price-index reading, and investors should be aware of the data's tendency ...
CPI Inflation Was Higher Than Expected In January
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in ...
Next CPI Inflation Report Could Improve 2025 Fed Rate Cut Expectations
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...
Baking Business1d
CPI for baked foods, cereal eases to start year
The January index for bread was 238.7, down 0.7% from December and down 0.7% from a year ago. Under the heading, the CPI for white bread was 433, down 0.4% from December and down 1.3% from January ...