Inflation, Gasoline Prices Rise
According to the U.S. Bureau of Labor Statistics, the Consumer Price Index for All Urban Consumers increased 0.2 percent in January on a seasonally adjusted basis.
Friday, February 17, 10:51 AM ET
The indexes for food, energy, and all items less food and energy all rose in January, each increasing 0.2 percent.
The indexes for used cars and trucks and for airline fares both declined, while the new vehicles index was unchanged.
The energy index rose slightly in January, increasing 0.2 percent after declining in each of the three previous months. The gasoline index rose 0.9 percent after declining the three previous months.
For MarketNewsVideo.com, I'm Kristin Bianco.