WASHINGTON (AP) -- Consumer prices rose in January for only the second time in four months, pushed up by higher costs for food, gas, rent and clothes.
The Labor Department says the consumer price index increased 0.2 percent last month, after a flat reading in December. Both November and October were revised slightly higher to show an increase of 0.1 percent and no change, respectively.
Excluding volatile food and energy, so-called "core" prices ticked up 0.2 percent. Medical care and tobacco prices also increased. Car prices were unchanged, and airfares fell.
Prices rose 2.9 percent for the 12 months ending in January. That's down slightly from December's year-over-year change of 3 percent. Core prices moved up 2.3 percent, the largest 12-month increase in more than three years.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus