January Inflation Report Shows Spike in Services, Mixed CPI Data

The January inflation report indicates a spike in services inflation, while the overall year-over-year CPI is influenced by factors like gasoline and used-vehicle prices.

13 Feb, 20:49 — 13 Feb, 20:49

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wolf-streetMixed183d ago

Services Inflation Spikes in January, but Bad-Joke OER CPI Pushes Down on Year-over-Year CPI. OER is Huge and Bad

Gasoline & used-vehicle prices plunge, food inflation backs off for a moment, natural gas bills jump.

By Wolf Richter

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First report: wolf-street · 13 Feb, 20:49|Full coverage: 2 · 18h|Window: 18h

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wolf-street13 Feb, 20:49First to report

Services Inflation Spikes in January, but Bad-Joke OER CPI Pushes Down on Year-over-Year CPI. OER is Huge and Bad

18h later

Yahoo14 Feb, 14:33Latest update

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January Inflation Report Shows Spike in Services, Mixed CPI Data

Sources

Services Inflation Spikes in January, but Bad-Joke OER CPI Pushes Down on Year-over-Year CPI. OER is Huge and Bad

Coverage Timeline

Services Inflation Spikes in January, but Bad-Joke OER CPI Pushes Down on Year-over-Year CPI. OER is Huge and Bad

Traders pivot Fed rate cut bets after CPI surprise

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