The consumer price index was expected to increase 2.5% from a year ago in January, according to the Dow Jones consensus.

The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.

The January CPI report showed cooling inflation, a key factor in whether the Federal Reserve resumes interest rate cuts.

The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.

Range reports inflation has decreased to 2.4%, yet consumers face financial strain, with many citing high prices as their main concern.

Learn how the Consumer Price Index (CPI) influences the U.S. dollar's value against other currencies and its broader economic ...

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According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index was at 2.4% year-over-year, up from 2.3% in April but lower than the expected 2.5% growth. Additionally, ...

The headline CPI figure rose to 2.9% year-over-year, up from 2.7% in July and in line with expectations. This is the highest level since January and marks the fourth consecutive month inflation has ...