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US inflation unexpectedly increases – Today news

Today news
2025-02-12 13:54:00

US inflation increased by more than expected last month, pushing up the cost of living for Americans.

Inflation rose to 3% in January, its highest rate for six months, and above the 2.9% expected by economists.

Price rises for food and energy both helped drive up the overall rate of price increases.

The rise comes weeks after the US central bank decided to hold interest rates, saying there was significant uncertainty about where the economy might be headed.

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