Energy Prices Hold Down Overall U.S. Inflation - News Summed Up

Energy Prices Hold Down Overall U.S. Inflation


WASHINGTON—Volatile energy prices are holding down overall inflation in the U.S. economy, but underlying price growth remains steady. The consumer-price index, which measures what Americans pay for goods and services such as washing machines and haircuts, remained the same in January for the third month in a row, the Labor Department said Wednesday. Inflation was up 1.6% from the prior year, the smallest year-over-year gain since the middle of 2017.


Source: Wall Street Journal February 13, 2019 13:34 UTC



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