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.
Stagflation is when the economy stagnates, growing slowly or not at all, but still has inflation, as prices rise. Often this ...
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was ...
Analysts expect year-over-year PPI to come in at 3.2%, below December’s 3.3%, with a month-on-month reading of 0.3%, up from ...
It's less than half an hour to the January consumer-price-index reading, and investors should be aware of the data's tendency ...
Kraft Heinz ( KHC) is close to a 52-week low after it reported a 4.6% decline in sales during Q4. Organic sales fell -3.1% ...
The jump in US inflation last month that surprised investors was mostly due to the way the government adjusts for typical ...
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