The consumer price index (CPI) edged up to 3.0 percent in January from a year ago, rising slightly from 2.9 percent a month earlier, the Labor Department said in a statement, AFP reported.
This was slightly above the median forecast of 2.8 percent predicted by economists surveyed by Dow Jones Newswires and The Wall Street Journal.
«Overall, this is not a great read,» EY chief economist Gregory Daco told AFP.
The cost of eggs and gasoline prices jumped last month, along with several other politically potent price points.
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