Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.
U.S. Bureau of Labor Statistics figures showed that in North Jersey, inflation rose 2.9% in January, the lowest level since December 2023.
Inflation slowed in January to its tamest pace since May 2025 as the economy seemingly skirts the full effects of President ...
While the reading was cooler than expected, consumers still saw higher costs for computers, appliances and hospital care.
The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.
Inflation in the United States is now at the center of a political and pocketbook tug-of-war. The White House says prices are rising at roughly 2.5%, a figure officials present as proof that the worst ...
US inflation unexpectedly cooled in November, according to a delayed report, although economists warned against reading too much into the numbers because of gaps in the data. The Consumer Price Index ...
Springall expressed particular concern for savers: “Since the start of this year, more than two thirds (70%) of savings ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results