ACTV - AIER's Everyday Price Index Rises 0.52 Percent In January 2024

2024-02-13 23:00:00 ET

Summary

• The AIER Everyday Price Index rose 0.52 percent to 284.8 in January 2024.
• Headline CPI rose 3.1 percent from January 2023 to January 2024, higher than expectations for a 2.9 percent reading.
• The January 2024 CPI report highlights the challenges of returning inflation to the Fed's target range and suggests a bumpy road ahead.

By Peter C. Earle

The AIER Everyday Price Index ((EPI)) rose 0.52 percent to 284.8 in January 2024. It was the largest percent change since August 2023, and brings the year-over-year EPI change to 1.45 percent....

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