Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall.

That’s a significant development because housing costs have fueled inflation more than any other category, making up 35% of overall price increases in January. Other service costs jumped last month.

Inflation increased in January, posing obstacle for Trump tariff plans. Consumer prices rose 3% in January compared to a year ago, data showed. By Max Zahn. February 12, 2025, 9:50 AM.

The Labor Department on Wednesday said that the consumer price index — a broad measure of how much everyday goods like gasoline, groceries and rent cost — increased 0.5% in January while it ...

Inflation also worsened on a monthly basis, with prices jumping 0.5% in January from December, the largest increase since August 2023. Core prices climbed 0.4% last month, the most since March 2024.

Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in early 2025, complicating President Donald Trump’s agenda.

The consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing by 2.9 percent in December. Economists were expecting the CPI to increase… ...

The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% in December, the U.S. Bureau of Labor Statistics reported today.

Yearly inflation accelerated as food and energy costs increased, according to the CPI report. Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts ...

The January Personal Consumption Expenditures Price Index increased in line with expectations, up 2.5% from year-ago levels.. When volatile food and energy costs are factored out, the Federal ...

Inflation increased in January, posing obstacle for tariff plans. ABC News; Feb 12, 2025 Feb 12, 2025; ... The inflation reading came in higher than economists had predicted.