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International Business Times
International Business Times
Business
Beiyi SEOW

MYSTERIOUS: Us consumer inflation cools less than expected in january - You Need To See This

US consumer inflation eased to 3.1 percent in January, government data showed, slowing less than analysts expected (Credit: AFP)

US consumer inflation slowed less than anticipated last month, according to government data released Tuesday, as President Joe Biden battles to assuage households' worries over costs of living while he seeks reelection.

The closely watched Consumer Price Index (CPI) rose 3.1 percent from a year ago in January, down from 3.4 percent in December, the Department of Labor said.

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