U.S. Core CPI Inflation Slows to 2.5% in January – Lowest Level Since 2021
The latest inflation data matched analyst estimates and dipped slightly from the previous month's 2.6%, signaling a continued cooling in price pressures.
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Terms & Concepts
Core CPI (Consumer Price Index): An economic indicator that measures the change in prices of goods and services, excluding volatile food and energy sectors to show underlying inflation trends.
Year-over-Year (Y/Y): A financial comparison measuring a statistic for one period against the same period in the previous year to identify growth trends.