scorecard
  1. Home
  2. stock market
  3. Core inflation rises by the most in four years

Core inflation rises by the most in four years

Akin Oyedele   

Core inflation rises by the most in four years
Stock Market1 min read

Core inflation rose by the most in four years in January, by 0.3%.

"Core" inflation excludes the volatile costs of food and energy.

An increase in core inflation offset a decline in the energy index, causing the headline consumer price index (CPI) to be flat, according to the Department of Labor. Headline CPI beat the forecast for a 0.1% decline.

Compared to the prior year, CPI rose 1.4% (1.3% expected).

Core CPI rose 2.2% compared year-on-year, beating the estimate for a 2.1% increase.

Refresh this page for updates.

NOW WATCH: We tried Shake Shack and In-N-Out side by side, and it's clear which one is better

READ MORE ARTICLES ON


Advertisement

Advertisement