Consumer price index rose by 3% in January as president has yet to fulfill pledge of tackling high cost of living

Inflation ticked higher in the US in January as Donald Trump returned to office with a pledge to rapidly reduce prices.

The consumer price index rose by 3% last month – up slightly from February’s annualized 2.9% reading.

Continue reading…

Source: https://www.theguardian.com/business/2025/feb/12/trump-january-inflation