January CPI report is the best inflation news in months. Here's why.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Consumer Price Index
CPI rose at an annual rate of 2.4% in January, cooler than expected
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
MoneyWatch price tracker shows how much food, utility, housing costs are rising
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
CPI rose at 2.7% annual rate in December as inflation remains sticky
Although there are signs that inflation is starting to ease, consumers still face pressures from high food prices and other costs.
New data shows no change in inflation rates
New Consumer Price Index data depicts there was no change in inflation rates from November through December of 2025. Sam Goldfarb, a markets reporter for The Wall Street Journal, has more.
As beef prices rise, small butcher shops adapt to changing demand
With higher prices for beef, customers are looking for alternatives.
How butchers are adapting to higher beef prices
As beef prices rise, small butcher shops are adapting to changing demand. Kelly O'Grady reports.
CPI report shows the inflation rate rose at a 2.7% pace in November
Economists had expected CPI to rise at an annual rate of 3% last month.
Delayed report on November inflation numbers
The Consumer Price Index rose at an annual rate of 2.7% in November, lower than economists predicted, though there is a bit of an information gap due to the government shutdown. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Inflation data emerges after Trump address
New Consumer Price Index data shows a slight change in inflation, but prices remain high for Americans in different sectors. CBS News' Kelly O'Grady and Olivia Rinaldi report.
CPI report shows inflation continued to climb in September
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
Inflation ticks up to 3% in September
The Bureau of Labor Statistics released the first piece of economic data since the shutdown began. Delayed more than a week, the Consumer Price Index shows the inflation rate ticked up in September to 3%. Kelly O'Grady has details.
Here's what economists say to expect from Friday's inflation report
Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.
Expert breaks down grocery price increases
Food prices started rising rapidly during COVID-19. Since then, food inflation has slowed, but prices are still going up. Jo Ling Kent reports.
The most striking figures in new inflation data
The latest Consumer Price Index shows overall prices rose by nearly 3% on an annual basis last month. There were more warning signs about the labor market. Kelly O'Grady explains.
Social Security COLA could increase 2.7% in 2026, new estimate shows
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U.S. consumer inflation increase in August
The Consumer Price Index rose 2.9% in August compared to a year earlier, moving away from the Federal Reserve's 2% annual target. Jobless claims also rose to the highest level since October 2021. CBS News' Kelly O'Grady breaks it down.
Biggest takeaways from the government's latest inflation data
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest rates.
Almost half of adults say they are ordering kids' meals. Here's why.
Adult customers admit to ordering from kids' menus to save money and eat smaller portions, a new survey shows.
Inflation rate rose by 2.7% in July, CPI report shows
The inflation rate was cooler than expected, with July's CPI rising 2.7% on an annual basis.
What the latest CPI data says about tariff impact
New government data shows the cost of consumer goods increased slightly last month, but the true effect of the higher tariffs haven't hit consumers yet. Jo Ling Kent explains.
Tracking cost of cars, trucks, groceries as Trump announces new tariffs
CBS News is tracking the rising cost of products most impacted by tariffs already imposed and new ones announced by President Trump, from grocery items to cars and trucks.
CPI rose in June to 2.7% annual rate, highest since February
The Consumer Price Index in June rose 2.7% on an annual basis, in line with economists' predictions.
Beef prices in the U.S. are searingly high. Here's why.
Beef costs around the U.S. surged to a record high in May. What's driving that jump, and are prices likely to ease up?
inflation rose less than expected, data shows
The latest Consumer Price Index (CPI) report shows that U.S. inflation rose by 0.1% in May, which is less than expected. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down. Also, CBS News' Natalie Brand has the latest updates from the White House as President Trump boasts about an agreement with China being close to the finish line.
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2 killed in shooting at high school hockey game in Pawtucket, Rhode Island, police say
Police said the deadly shooting during a high school boys' hockey game in Pawtucket, Rhode Island, appears to have stemmed from a family dispute.
Nancy Guthrie's family have been cleared as suspects, sheriff says
All family members of Nancy Guthrie have been cleared as suspects in her disappearance, authorities in Arizona said.
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"Signal sniffer" to detect Nancy Guthrie's pacemaker deployed, sources say
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Average tax refund is nearly 11% higher so far this year, IRS data shows
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What we know about the evidence in the Nancy Guthrie search so far
Investigators searching for Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, have uncovered several notable pieces of evidence as they try to identify a suspect.
Nancy Guthrie's family have been cleared as suspects, sheriff says
All family members of Nancy Guthrie have been cleared as suspects in her disappearance, authorities in Arizona said.
Canada's Megan Oldham takes gold in freestyle big air, Eileen Gu takes silver
Defending Olympic champion Eileen Gu took silver in freeski big air at the 2026 Winter Olympics as Canada's Megan Oldham won the gold medal on Monday night.
2 killed in shooting at high school hockey game in Pawtucket, Rhode Island, police say
Police said the deadly shooting during a high school boys' hockey game in Pawtucket, Rhode Island, appears to have stemmed from a family dispute.
Why athleisure giant Lululemon is losing momentum
After a decade of rapid growth, Lululemon is struggling to find its footing in an increasingly saturated market.
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Why athleisure giant Lululemon is losing momentum
After a decade of rapid growth, Lululemon is struggling to find its footing in an increasingly saturated market.
Average tax refund is nearly 11% higher so far this year, IRS data shows
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Prediction markets heat up on Valentine's Day as people place bets on love
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January CPI report is the best inflation news in months. Here's why.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
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They didn't just ignore audit warnings — California lawmakers quietly killed dozens of audit-backed bills
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Bobsledder Elana Meyers Taylor, 41, wins gold in 5th Olympic appearance
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Robert Duvall, known for his roles in "The Godfather," "Apocalypse Now" and more, has died at 95, his wife announced in a social media post Monday. CBS News correspondent Shanelle Kaul has more.
Robert Duvall, Oscar winner who starred in "The Godfather," dies at age 95
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Former FBI official on Nancy Guthrie case
The mask and clothing worn by the suspect in Nancy Guthrie's disappearance may have been purchased from Walmart, law enforcement says. Steven Jensen, former assistant director for FBI's Washington field office, joins CBS News to discuss.