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Here Are The Key Takeaways From The US CPI Report For January

Almost 30% of the total CPI gain came from shelter costs, although both rent and homeowners’ equivalent costs rose by notably smaller magnitudes than seen in recent years.

Bloomberg News

A customer shops for eggs at a Costco store in Teterboro, New Jersey. (Photographer: Stephanie Keith/Bloomberg)

Here are five key takeaways from the January CPI inflation report, released Wednesday:

Also Read: US Inflation Tops Forecasts, Dimming Chances For Fed Rate Cuts

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