New data on inflation Wednesday showed that consumer prices have increased more than forecasts in January, basic prices, the reverse of last month with the Federal Reserve Way in the focus .
THE Latest data From the Bureau of Labor Statistics has shown that the Consumer Price Index (IPC) increased by 3.0% compared to the previous year in January, An increase in annual gain of 2.9% in December.
The index increased by 0.5% compared to the previous month, the highest monthly increase since August 2023 and a slight acceleration of the increase of 0.4% observed in December. Economists expected an increase of 0.3%.
Seasonal factors such as higher fuel costs and continuous grip in food inflation have maintained high figures. In particular, the egg index increased by 15.2%, the highest increase since June 2015. It represented about two -thirds of the total increase in monthly food at home, according to BLS.
Based on “nucleus”, which removes the most volatile costs of food and gas, prices in January climbed 0.4% in the previous month, higher than the monthly gain of 0.2% of December and The highest monthly increase since April 2023.
Basic prices increased by 3.3% compared to last year, marking an increase compared to the 3.2% observed in December, which was the first time since July of the year, CPI, deceleration price growth.
Central inflation has remained stubbornly high Due to sticky costs for refuge and services such as insurance and medical care. The refuge showed certain signs of relaxation last month, increasing by 4.4% on an annual basis, the smallest increase of 12 months in three years.
It was another story for the prices of used cars, which experienced another strong increase for the fourth consecutive month. The index increased by 2.2% in January after an increase of 1.2% in December and a monthly gain of 2% in November.
Although inflation has slowed down, it remained above the 2% target of the federal reserve On an annual basis with economists and Fed officials pointing to a “Back” road to come.
“There is no sugar sugar.
“The only thing to say is that it is a familiar disappointment,” she continued, noting that the start of a new year has already contributed to upward surprises. “Having a hot print in January in recent years has been a common phenomenon. This has also been a common phenomenon that has dissipated like the year. It is therefore not a break for the year as a whole, but It’s certainly not a good way to start things. “
