Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
While the reading was cooler than expected, consumers still saw higher costs for computers, ​appliances​ and hospital care.
A Friday the 13th economic report appeared to deliver some fortunate news: Annual inflation slowed significantly.
The Labor Department on Friday released the January 2026 consumer price index (CPI), which showed that inflation remained ...
The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.
Inflation kicked off the year weaker than economists expected, though January data can prove to be somewhat noisy. The ...
Consumer prices rose 2.4 percent over the past year and 0.2 percent in January alone, according to data released Friday by ...
January inflation data beats expectations, sparking sharp market rally as investors see signs the Fed may cut interest rates ...
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
By Promit Mukherjee OTTAWA, Feb 17 (Reuters) - Canada's annual inflation rate in January accelerated at a slower pace than ...