In January 2025, the annual inflation rate in the US increased to 3%, from 2.9% in December 2024, surpassing market expectations of 2.9%. This suggests a halt in the progress towards controlling inflation.
Food costs were up 2.5% compared with one year ago, in line with the data last month.
Energy costs increased by 1.0% YoY, after decreasing by 0.5% YoY in December. Energy prices increased by 2.2% on a MoM base.
Used cars and trucks prices incre...

In December 2024, the US economy added 256K jobs, marking the highest increase in nine months and surpassing market expectations of 160K. This followed a revised figure of 212K jobs in November. October and November combined saw a downward revision of 8K jobs.
Key sectors showing growth included health care with 46K jobs, government with 33K, and social assistance with 23K. Retail trade also rose by 43.4K jobs, rebounding from a ...