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Consumer Prices Up 0.3% in January

But inflation over past 12 months lowest in a half-century

By the Associated Press

Posted Feb 20, 2009 9:07 AM CST

(AP) – Consumer prices rose by 0.3% last month, the Labor Department said today, the biggest monthly increase since a 0.7% rise in July. Higher energy costs fueled the climb, and most economists and the government believe the recession will keep prices in check this... Read full story »

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Consumer Prices Up 0.3% in January

But inflation over past 12 months lowest in a half-century

inflation • consumer prices • economy

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More Newser Stories

Wholesale Prices Rising at Fastest Pace Since 1981

High energy, motor vehicle costs pushing inflation; Fed may be forced to boost rates

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Lack of increase means Fed has an open door to a big rate cute next week

Consumer Spending Up... Thanks to Gas Prices

Personal income up 0.3%, but inflation hits hard

US Economy Needs Less Caution, More Spending

Forget deficit; fret over threat of 'lost decade'

America's 40% Overpriced

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