Inflation rose in January as prices for groceries and housing picked up
Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in early 2025, complicating President Donald Trump’s agenda.
Inflation rate picked up in January, CPI report shows. Here's what it means for your money.
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the biggest monthly jump since August 2023. It may be due to price increases set at the start of the year by many businesses, noted Bright MLS chief economist Lisa Sturtevant in an email.
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance, auto repairs and health care have continued to rise in part because of the delayed effects of pandemic-related vehicle shortages or wage increases.
VIEW Canada's annual inflation rate increases to 1.9% in January
Canada's annual inflation rate rose 1.9% in January, up from 1.8% in December as lower prices helped by a sales tax reprieve were partly offset by higher cost of gasoline and natural gas, data showed on Tuesday.
Inflation rate rose to 1.9% in January
Canada's consumer price index rose to 1.9 per cent in January, with higher energy prices putting upward pressure on overall inflation, Statistics Canada said on Tuesday. The headline number was offset by the federal government's tax holiday,
Economists more confident in Bank of Canada rate hold as inflation ticks up to 1.9%
Economists are more confident the Bank of Canada might pause its interest rate cuts next month — tariffs notwithstanding — as Canada's annual inflation rate ticked back up in January.
Canada's annual inflation in January edges up to 1.9%, core measures also up
Canada's annual inflation rate inched up to 1.9% in January from the previous month as higher gasoline and natural gas costs reduced the impact of a sales tax reprieve on broader consumer prices, official data showed on Tuesday.
Canada's annual inflation rate ticks up to 1.9 per cent in January, raising odds of a BoC pause in March
Canada’s annual inflation rate edged back up to 1.9 per cent in January, after slowing to 1.8 per cent in December. The faster price increases came even as the temporary GST/HST tax break brought some prices down.
Inflation ticks back up to 1.9% in January after rise in gas prices
OTTAWA — Canada's annual inflation rate ticked back up in January to 1.9 per cent, Statistics Canada reported on Tuesday.
Canada's inflation rate ticks back up to 1.9%
Canada’s inflation rate climbed to 1.9 per cent in January, up from 1.8 per cent the month before, as Canadians faced increased energy costs to start the year, Statistics Canada said on Tuesday. Energy prices rose 5.
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Lowering interest rates while simultaneously raising tariffs could stoke higher inflation, and undo all of DOGE's work.
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
Nigeria's inflation rate drops after statistics overhauled and updated
Nigeria's annual inflation rate stood at 24.48% in January, the statistics agency said on Tuesday, well down from the ...
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Little change expected in January inflation as GST break tamps down spending totals
Economists expect little movement in Canada's inflation numbers, if any, when January data is released this week, though the ...