Inflation cooled by more than expected to start the year, providing relief to American households still feeling the burden of high prices after the Biden administration ushered in the worst increase in four decades.
The consumer price index climbed 0.2 percent in January compared with the final month of last year. Compared with the start of 2025, prices are up 2.4 percent.
Economists had forecast a rise of 0.3 percent for the month and 2.5 percent over the past year.
Core consumer prices, a measure that excludes food and energy, rose 0.3 percent in January. Over the past 12 months, core prices are up 2.5 percent. Both figures were in line with…
Read the full article at BREITBART.COM
