Inflation heats up more than expected in January CPI

Nadzeya Haroshka
January Consumer Price Index: +0.5% vs. +0.3% consensus and +0.4% prior, according to data released by the U.S. Bureau of Labor Statistics on Wednesday.
+3.0% Y/Y vs. +2.9% consensus and +2.9% prior.
Core CPI, which excludes food and energy: +0.4% vs. +0.3% consensus and +0.2% prior.
+3.3% Y/Y vs. +3.1% consensus and +3.2% in December.