While the reading was cooler than expected, consumers still saw higher costs for computers, ​appliances​ and hospital care.
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
The new consumer price index report showed the inflation rate slowed more than expected.
January inflation data beats expectations, sparking sharp market rally as investors see signs the Fed may cut interest rates ...
The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.
Inflation cooled more than expected in January, according to consumer data released Friday by the Bureau of Labor Statistics.
WASHINGTON, Feb 13 (Reuters) - U.S. consumer prices likely maintained a steady pace of increase in January as businesses ...
The Labor Department on Friday released the January 2026 consumer price index (CPI), which showed that inflation remained elevated above the Federal Reserve's target.
A Friday the 13th economic report appeared to deliver some fortunate news: Annual inflation slowed significantly.
Inflation slowed in January to its tamest pace since May 2025 as the economy seemingly skirts the full effects of President ...
U.S. consumer prices increased less than expected in January amid cheaper gasoline and a moderation in rental inflation, but ...