Over the last 12 months, the index rose 2.1 percent before seasonal adjustment.
The Labor Department said its Consumer Price Index increased 0.5 percent last month as households paid more for gasoline, rental accommodation and healthcare.
Fed officials are looking for clues about whether or not wage growth will continue to accelerate, and eventually put upward pressure on consumer prices, as they contemplate raising interest rates several times this year under new Chairman Jerome Powell.
THE inflation rate unexpectedly remained steady at 3 per cent in January, keeping the pressure on the Bank of England to hike interest rates as early as May. Construction goods jumped to 6.7 percent during December after growing at its fastest pace in almost five years at 13.5 percent in November aided by expansion in steel and cement output.
For the 13th consecutive month since January 2017, Consumer Price Index, CPI, dropped to about 15.13 per cent in January 2018, the National Bureau of Statistics, NBS, said in its latest Inflation Report.
Core CPI is projected by consensus to rise 0.2% in January following a similarly sized increase in December.
USA consumer prices rose considerably more than expected in January, stoking fears that inflation is about to turn dangerously higher. The central bank has raised its inflation forecast to 5.1 percent for the January-March quarter, compared with 4.6 per cent for October-December.
Mitt Romney's Senate run threatens to divide GOP
Romney has not faced the media during that time, and has deflected questions about running when reporters have caught up to him. Senate seat representing Utah and plans to announce his bid online on Thursday, multiple sources reported Wednesday.
"Against this backdrop, the attention on the incoming monthly data will likely be on the inflation and trade deficit prints", the brokerage said in the report.
Urban inflation according to the data also rose by 15.56 percent in January 2018 from 16.78 percent in December 2017, compared with the rural inflation rate, which declined by 14.76 percent in January 2018 from 15.02 percent in December 2017.
Expectations of higher interest rates globally are not simply a hypothesis on the part of investors.
Apart from releasing the quick estimates of the IIP for December 2017, the CSO also released the first revised estimates for the indices for November 2017 and September 2017.
Thomas Wells, manager of the Smith & Williamson Global Inflation-Linked Bond fund, said there is a good probability the BoE won't be able to get CPI inflation back to 2% this year.
"The market has done very well with 3% 10-year yields, 4% 10 year-yields and even 5%", Krosby said.
Interest rates have been historically low for years.
Uber isn't publicly traded but has chosen to release select financial information to investors and the public in recent quarters. However, the company still lost 61 percent to $4.5 billion for all of 2017, more than the $2.8 billion in 2016.
It ain't gonna be easy - Miami is now the 8th seed in the Eastern Conference, but they've lost 7 outta their last 10 games. The last time these two teams met back on January 9, the Heat managed to win in stunning fashion with a last-second shot.
Amazon acquired Blink late past year , a maker of affordable, easy to use security cameras powered by AA batteries. In the short term, Amazon's assistant would be able to respond to many requests much faster than it now does.
SpaceX's demo satellites launch February 17 on a Falcon 9 rocket along with a Spanish radar-imaging satellite called PAZ. SpaceX has confirmed plans to enter the satellite broadband market with an application to the USS FCC for clearance.
Chloe Kim's parents are originally from Seoul, and she said she has been reconnecting with relatives here in Pyeongchang . But athletic ability and hardware aside, Kim is just about the most relatable Olympian out there.
Cyprus says a Turkish notice blocking off the area for military activity violates worldwide law and is legally invalid. Cyprus has accused Turkey of obstructing a drilling rig from reaching an exploration area in the east Mediterranean.
The New York Times reports that they are escorted by North Korean minders at all times - even for bathroom breaks. In Pyeongchang, the cheerleaders have been singing pop songs and performing patriotic and encouraging chants.
Pennsylvania-based Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys has invested 0.01% in Eaton Vance Corp. Pekin Singer Strauss Asset Management Il holds 0.01% of its portfolio in CytRx Corporation for 67,555 shares.
Hand out little Valentine's Day cards or make homemade gifts and treats and pass them out to your classmates and friends. Being single on Valentine's Day is okay, there are alternative ways you can spend the day without a significant other.
Earlier today, the Enforcement Directorate (ED) registered a money laundering case against Nirav Modi and his relatives along. Modi, his wife, brother and Choksi are partners in these three firms, the CBI FIR said.
While not an official "beta", players are encouraged to log in and help stress test the game's servers before launch on March 20. This scale test's goal is to try out the work that has been done on the game since the popular beta ended in January.
A profusely bleeding Sibi was rushed to the Kozhikode Medical College Hospital where she had to undergo an abortion. She said the police refused to lodge their complaint the first time they approached them due to political pressure.
Hazard: Chelsea need to finish in the top four
We have three months to play until the end of the season and we have to give everything to reach our targets. West Brom only had themselves to blame for not getting back into the game early in the second period.
Solar Eclipse 2018 today: Time, location and where to see it
Those in the south of Rio Gallegos and in Falkland Islands too would be able to witness the Solar Eclipse February 15, 2018. And depending on just how far the moon is from the node, the moon will dip partly or completely into the Earth's shadow.
Blood test detects concussion related brain damage
The test can help doctors identify which patients would require computed tomography (CT) scan to check if they have brain damage . It could rule out the need for a CT scan in at least one-third of those suspected of having a concussion, the FDA said.
Raiders inform Sebastian Janikowski he won't be brought back
Last season, Janikowski agreed to take a million-dollar pay cut and then dealt with a back issue which cost him the entire season. Janikowski was drafted by the Raiders from Florida State in the first round in 2000, during Gruden's first stint as head coach.
US Ladies Beat Russia, Safe Spot in Ice Hockey Semifinals
Off the ensuing faceoff, the puck wound up in the skates of two Russian players and she poked it away to give herself a breakaway. US coach Robb Stauber rotated his goalies, putting Hensley in net after playing Maddie Rooney in a 3-1 opening win over Finland.
Pochettino thrilled with Spurs' response
In a passionate speech after the match, Juventus coach Massimiliano Allegri warned against an overly critical reaction. Spurs were getting closer and got back into the match 10 minutes from halftime.