Lane Akre

Feb 12, 2025 | foodsafety.einnews.com | Jim Wiesemeyer |Brian Grete |Hillari Mason |Lane Akre

Updates: Policy/News/Markets, Feb. 12, 2025— January 2025 CPI report: inflation remains a concern. Highlights:· Higher-than-expected inflation: U.S. consumer prices rose by 0.5% in January 2025, surpassing forecasts of a 0.3% monthly increase. The annual rate came in at 3%, above expectations for a steady reading with December at 2.9%. · Core CPI increase: Core CPI (excluding food and energy) climbed 0.6% year-on-year, up from 0.4% in December 2024.