In January, the U.S. inflation rate increased to 3% year-on-year

12th of February. /MEDIA TALK/. Prices of goods and services in the United States increased by 3% year-on-year in January. In December, the figure was 2.9%. Such data follows from the release of the US Department of Labor.

The indicator reached the 3% level for the first time since June 2023. In November, the inflation rate in the United States was 2.7%, in October it was 2.6%.


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The price increase in January exceeded the forecasts of experts. The main share in inflation was accounted for by an increase in the cost of construction. The cost of food increased by 2.5% compared to last year, while the cost of energy resources increased by 1%. The price of all goods, except food and energy resources, increased by 3.3% compared to last year.

Experts point out that the current inflation rate exceeds the US Federal Reserve's target of 2%, which may affect subsequent monetary policy measures, including a likely increase in the base interest rate to limit inflationary risks.

The day before, we reported that the price of gold exceeded $2,950 per troy ounce for the first time in history.