Consumer prices in the U.S. rose slightly in January

a Basic level of consumer prices in the U.S. rose in January, while the number of Americans who filed applications for unemployment benefits increased slightly last week, Reuters reports.

the latest figures say that the US economy has maintained stability below the Federal reserve (fed, the Central Bank), the U.S. left interest rates at current levels in 2020.

Records of the Ministry of labour followed a statement by the head of the fed Jerome Powell on what is now the country’s economy shows good results.

the consumer price Index, excluding food and energy, rose in January by 0.2%, as Americans paid more for shelter and clothing, after rising 0.1% in December.

Interviewed by Reuters, economists had forecast that core consumer prices will increase by 0.2% in January month-on-month and 2.2% — in annualized.

the labor Department also reported that initial claims for unemployment benefits in the U.S. rose by 2 thousand to 205 thousand on a seasonally adjusted basis for the week ended February 8.

Economists had forecast growth of applications for benefits of up to 210 thousand in the last week. The four-week average of initial claims, which is considered not so volatile, not changed and amounted to 212 thousand last week.