According to the report of the Bureau of statistics of the U.S. Department of labor, the consumer price index in the USA (CPI) in January rose 0.5% compared to the previous month.
Analysts had expected the index to increase by 0.3% after increasing 0.2% the month before (revised from +0.1%).
In comparison with January of 2017, consumer price inflation in the U.S. rose by 2.1%.
The base consumer price index (core CPI), which accounts for the excluded prices of food and energy prices in January rose 0.3% compared with the previous month. Analysts had expected the index to increase 0.2%.
Compared to January 2017 core consumer inflation in the U.S. rose by 1.8%.
The average real hourly wage in the U.S. in January fell by 0.2% compared to previous month seasonally adjusted, after increasing 0.2 percent in December. In annual terms, hourly wages increased by 0.8%.