Value Investor Research
ECM: US: Consumer prices rose less than forecast in January
value_investor
Publish date: Mon, 20 Feb 2012, 09:57 AM
The cost of living rose less than forecast in January, supporting the Federal Reserve's view that inflation will be contained. The CPI increased 0.2% after no change the prior month. Economists surveyed by Bloomberg had forecast a 0.3% gain. Over the past 12 months, prices climbed 2.9%, the smallest year-to-year advance since March 2011. (Bloomberg)
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