US consumer prices were unchanged in January, the Labour Department reported Thursday. Excluding volatile food and energy prices, the seasonally adjusted consumer price index was up 0.3 per cent, driven by higher housing and clothing costs. The so-called core inflation was offset by
falling petrol prices.
The annual consumer price index was up 1.6 per cent in the 12 months through January.
Most Popular Stories
- Fed Committee Optimistic About Growth Prospects
- U.S. Immigration Courts Facing Record Backlog
- Drive-In Movie Theaters Use Creativity to Afford Digital Switch
- Obama Cites Letter Writers in Pitching Economy
- Stevie Fielder Changes Tune on Thad Cochran Vote-buying Story
- Pau Gasol Turns Down Lakers' Offer
- Pot's Legal in WA -- But You Should Probably Ask Your Boss
- How ESPN Became a $50B Sports Empire
- Farrell, Kitsch Rumored for Season 2 of 'True Detective'
- President Obama Relishes Roadshow, but Agenda Still Stuck