US consumer price growth slows in January as inflation pressures ease

US consumer prices rose less than expected in January as annual inflation cooled to 2.4 percent. Stable labor data may allow the Fed to keep rates unchanged.

The Bureau of Labor Statistics reported on February 13, 2026, that the Consumer Price Index (CPI) in the US USUS rose 0.2% in January. This headline figure was below economists' expectations for the month. Meanwhile, core CPI, which excludes the often-volatile food and energy sectors, saw an increase of 0.3%.
FILE PHOTO: A shopper walks past a partially empty dairy section at a grocery store ahead of an expected winter storm spreading across the United States, in Washington, D.C., U.S., January 24, 2026. REUTERS/Nathan Howard/File Photo
FILE PHOTO: A shopper walks past a partially empty dairy section at a grocery store ahead of an expected winter storm spreading across the United States, in Washington, D.C., U.S., January 24, 2026. REUTERS/Nathan Howard/File Photo
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