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 ...
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
A decline in the rate of price increases is good news for Americans who have grappled for years with rising costs of living.
“The index for shelter rose 0.2% in January and was the largest factor in the all items monthly increase,” the BLS said in its release. “The food index increased 0.2% as did the food at home index, ...
US inflation slightly accelerated at the start of the year, driven by rising services costs. Full details here.
The latest Consumer Price Index released Friday shows that inflation is cooling slightly as apartment prices slowed and gas ...
According to figures released on Monday by the national statistics agency, Mexico’s inflation rate rose in January, ...