CPI 3% YoY, (Est. 2.9%)
CPI 0.5% MoM, (Est. 0.3%)
Core CPI 3.3% YoY, (Est. 3.1%)
Core CPI 0.4% MoM, (Est. 0.3%)
The monthly CPI reading in January was 0.5%, the highest since August 2023. And the monthly core increase of 0.4% is the largest since March last year.
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