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Follow MarketWatch's live coverage of the consumer-price index for January and its implications for the economy and markets.

Friday's report showed that inflation in January dipped to 2.4% on an annual basis, a shade below economists' forecasts of 2.5%.

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The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.

A Friday the 13th economic report appeared to deliver some fortunate news: Annual inflation slowed significantly.

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The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm FactSet. The January CPI represents the slowest pace of inflation since May 2025 ...

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The January CPI report showed cooling inflation, a key factor in whether the Federal Reserve resumes interest rate cuts. Follow along with our live coverage here.

The slightly lower number for January reflects smaller price increases for shelter and food, as well as a decrease in energy costs.