As the largest CPI component, housing also continues to prop up overall inflation readings. Shelter accounted for 40% of the monthly CPI increase, according to the Bureau of Labor Statistics.

The consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing by 2.9 percent in December. Economists were expecting the CPI to ...

Inflation receded in February on the back of easing price ... Egg prices spiked by 59% over the past year, by far the largest increase for any item in February. An outbreak of avian flu — which is ...

The latest MoneyShow Chart ... and energy) inflation readings we get each month. Core PCE rose just 2.6% year-over-year in January, down from 2.9% in December and the smallest increase in seven ...