May 28, 2024 6:56 am

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US core inflation jumped to 7.5% in January, highest since 1982

january inflation

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in January 2022 on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index (core inflation) increased 7.5 percent for January 2022 before seasonal adjustment, well above the 7.2 percent expected year-over-year […]

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