Annual inflation in US slows down to 3.1%

News Department
Post's author

Consumer prices in the US in January rose by 3.1% in annual terms compared to 3.4% a month earlier, according to a press release from the country’s Department of Labor, Report informs.

In monthly terms, prices rose 0.3% in January after rising 0.2% in December.

Analysts surveyed by DailyFX expected an annual rate of 2.9%, and a monthly rate of 0.2%.

Latest news

At least 12 people shot dead in Afghanistan 22 November, 2024 / 20:55
Police carry out controlled explosion near US Embassy in London 22 November, 2024 / 20:51
Azerbaijan’s gas export to reach 12 countries, says Energy Minister 22 November, 2024 / 20:46
Turkish vessel begins oil, gas exploration off Somali coast 22 November, 2024 / 20:40
Czech Republic on track to end Russian oil supplies from July 2025 22 November, 2024 / 20:39
ASCO considers retrofitting ships for methanol fuel transition by 2030 22 November, 2024 / 20:29
4 Italian peacekeepers injured in rocket attack on UNIFIL base in southern Lebanon 22 November, 2024 / 20:11
Baku Stock Exchange meets with J.P. Morgan to explore co-op opportunities 22 November, 2024 / 20:01
Leyla Aliyeva participates in tree-planting campaign in Baku 22 November, 2024 / 19:50
More aid workers killed in 2024 than in any other year, UN says 22 November, 2024 / 19:44
ASCO aligns operations with sustainable dev’t principles in ecological aspects 22 November, 2024 / 19:33
Ilham Aliyev addresses letter to participants of 12th General Assembly of ICAPP 22 November, 2024 / 19:23
Türkiye’s Sabiha Gokcen Airport cancels 10% of its flights 22 November, 2024 / 19:16
Ukraine to receive $4.8B through World Bank’s project 22 November, 2024 / 18:58
Parviz Shahbazov: Azerbaijan will strengthen regional cooperation on energy projects 22 November, 2024 / 18:33