Consumer Price Index

U.S. Inflation Eased at Start of the Year

by
A group of economists and policymakers gather around a conference table, discussing recent data on U.S. inflation trends and their potential impact on the economy.

Recent trends in U.S. inflation rates At the beginning of 2023, data from the Bureau of Labor Statistics indicated a notable easing in inflation rates across the United States. The Consumer Price Index (CPI) rose by just 0.1% in January, a significant slowdown from the previous year, when monthly increases were often above 0.5%. This … Read more