In January, the consumer price index increased by 0.3%, contributing to a 12-month rise of 3.1% (from 3.4% in December).

The consumer price index, a comprehensive measure of the prices consumers face for goods and services, increased by 0.3% in January according to the Bureau of Labor Statistics. This resulted in a 12-month increase of 3.1%, decreasing from 3.4% in December. Economists had anticipated a 0.2% monthly rise and a 2.9% annual increase.

February 13, 2024
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