The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% in December, the U.S. Bureau of Labor Statistics reported today.

The Consumer Prices Index (CPI) rose by 3.0% in the 12 months to January 2025, up from 2.5% in the 12 months to December 2024. On a monthly basis, CPI fell by 0.1% in January 2025, compared with a 0.6% fall in January 2024.

Annual growth in Australian consumer prices held steady in January as a rise in electricity costs was offset by a slowdown in the important housing sector, an outcome that should reassure policymakers that inflation is heading in the right direction.

Australias consumer prices dipped in January, offering relief to policymakers aiming to curb inflation. Data from the Australian Bureau of Statistics showed the monthly Consumer Price Index (CPI) fell 0.