- Lucía Vázquez for WSJConsumer prices rose 2.4% in January from a year earlier, cooler than the 2.7% recorded in December, the Labor Department said Friday. The latest annual number had some help, since a high inflation reading from January 2025 has now dropped out of the past 12 months of data. Month over month from December, consumer prices in January rose a seasonally adjusted 0.2% and core prices rose 0.3%. The central bank aims to keep inflation at a 2% annual pace, but has missed that target for about five years. Aggressive interest-rate hikes punctured the blistering price increases that slammed the economy in 2022.

Source: Wall Street Journal February 13, 2026 14:12 UTC