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BullNBear52

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Tuesday, 02/14/2023 9:45:29 AM

Tuesday, February 14, 2023 9:45:29 AM

Post# of 54394
Inflation rose 0.5% in January, more than expected and up 6.4% from a year ago
PUBLISHED TUE, FEB 14 20238:31 AM ESTUPDATED 2 MIN AGO
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Jeff Cox

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Inflation rose in January by 0.5% following a 0.1% increase in December, according to the consumer price index report released Tuesday.
The CPI was up 6.4% from the same period in 2022. Both numbers were higher than expected.
Across-the-board increases in shelter, food and energy boosted the index after inflation had shown signs of receding in recent months.
“Super core” services inflation, which is key for the Fed and excludes food, energy and shelter, rose 0.2% for the month and was 4% higher than a year ago.

https://www.cnbc.com/2023/02/14/consumer-price-index-january-2023-.html

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