economy

February 13, 2026

Here’s the inflation breakdown for January 2026

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

Here’s the inflation breakdown for January 2026

TL;DR

  • Inflation slowed in January, with the CPI at 2.4% year-over-year, down from 2.7% in December.
  • Inflation is still above the Federal Reserve's target of 2%.
  • Tariffs and immigration policies are seen as contributing to higher prices.
  • Some categories like electricity, home heating, beef, and coffee saw significant price increases.
  • Gasoline prices decreased, while food inflation remained elevated.
  • A 'quirk' in government shutdown data might make the CPI appear better than reality.

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