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 World Economic Forum (WEF) in Davos: The Polycrisis READ MORE How & Where to Buy Gold Bars [Complete Guide] READ MORE Gold prices have been hitting record highs — here’s why the rally is far from over READ MORE Despite High Inflation Reports, Fed's Barkin Eyes Future Rate Normalization with Caution READ MORE Yuan Undercuts Dollar: A Shift in Global Currency Dynamics READ MORE Add a Comment Cancel replyYour email address will not be published.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