ZeroHedge: CPI Prints Hotter Than Expected In January As SuperCore Soared The January Consumer Price Index (CPI) report delivered a hotter than expected outcome, defying anticipations for a significant decrease in the year-over-year inflation rate. Instead of dropping to the forecasted 2.9% from the previous 3.4%, the CPI saw a year-over-year increase of 3.1%, dampening hopes for inflation cooling to below 3%. On a month-over-month basis, consumer prices rose by 0.3%, surpassing the expected 0.2%. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The Scene of THE CRIME READ MORE Huge debt costs mean climate spending could make emerging nations insolvent READ MORE Gas Prices Could Soar Past Last Year's Rates Amid Refining Woes READ MORE IEA, OPEC Divergence On Oil Demand Becomes Too Big To Ignore READ MORE Dollar's Dominance Under Scrutiny: Morgan Stanley's Perspective READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
