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 U.S. Economy Triumphs: U.S. Growth During a Global Slowdown READ MORE Fed's Key Inflation Rate Aligns with Expectations, Boosting S&P 500 READ MORE De-Dollarization: A Gradual Shift from US Currency Control READ MORE Potential Layoffs Ahead as Companies Brace for Interest RateHikes READ MORE Gold Slides Below $2,000 As U.S. Inflation Exceeds Expectations READ MORE Add a Comment Cancel replyYour email address will not be published.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
