Inflation permeated the food and energy sectors once again in January, as the Consumer Price Index (CPI) report released this morning reflected a 7.5% annual gain in prices in January, the fastest rise since 1982. The figure came in higher than the Dow Jones’ estimate, which predicted an annual increase of 7.2%
Even though prices rose overall, a closer look at the report price shows that increases were not equally distributed throughout all sectors.
“While much of January’s jump in the CPI…
Source link
