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fromThe American Conservative
1 month ago

Inflation Cools in January

U.S. inflation came in lower than anticipated in January, with an increase in the Consumer Price Index (CPI) of 0.2 percent for a 2.4 percent increase from January of last year. The latest report from the Bureau of Labor Services (BLS), released Wednesday, shows that housing costs were the biggest driver of inflation last month, with an increase of 0.2 percent. Energy costs fell significantly, down 1.5 percent for the month.
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