Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
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 was unchanged in December, and the inflation rate for some consumer staples like food and ...
The consumer price index, commonly referred to as CPI, measures changes in the price of consumer goods and services, from ...
The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.
Discover how the Consumer Price Index compares with the Producer Price Index and GDP deflator in measuring inflation, ensuring your financial decisions are well-informed.