Consumer Price Index: Inflation At 2.4% In January, Lower Than Expected

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Advisor Perspectives Charts6.57K FollowersFollow5ShareSavePlay(6min)CommentsSummaryInflation cooled for a third straight month in January as the headline figure for the Consumer Price Index came in at 2.4% year-over-year.Core CPI was at 2.5% year-over-year, down from 2.6% in December and in line with the forecast.On a monthly basis, consumer prices were up 0.2% versus the projected 0.3% monthly growth, while core prices were up 0.3%, as expected. matdesign24/iStock via Getty Images By Jennifer Nash Inflation cooled for a third straight month in January as the headline figure for the Consumer Price Index came in at 2.4% year-over-year. This is down from 2.7% in December and was lower than theThis article was written byAdvisor Perspectives Charts6.57K FollowersFollowAdvisor Perspectives is a leading interactive publisher for Registered Investment Advisors. Our AP Charts & Analysis portion of our website analyzes economic and market trends.
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