U.S. Bureau of Labor Statistics releases January inflation update

February 14, 2023 11:03 AM

Published February 14, 2023 11:57 AM

(NBC, KYMA/KECY) - High inflation continues with the consumer price index (CPI) rising 6.4% from this time last year, and up 0.5% in January.

The CPI measures the average change in consumer prices for various goods and services.

Some of the most notable increases include housing, food, gas and natural gas.

Areas that increased in price in January include vehicle insurance, recreation, apparel, household furnishings.

Areas that saw a monthly decline in prices include used cars and trucks, medical care, and airline fares.

Article Topic Follows: National-World

If you have any story ideas, reach out to him at dillon.fuhrman@kecytv.com.

BE PART OF THE CONVERSATION

KYMA KECY is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.