The consumer price index was expected to increase 2.5% from a year ago in January, according to the Dow Jones consensus.

China's consumer inflation rose less than expected in January while the deflation in producer prices persisted.

Investors got some good news this week on the state of the labor market, and more may be on the way Friday on inflation.

The consumer price index was expected to increase 2.5% from a year ago in January, according to the Dow Jones consensus.

Economists predicted a slight easing of inflation, although it’s unclear whether Fed will again cut interest rates

The consumer price index for the 12 months ending in January slowed to 2.4%, beating projects, the Bureau of Labor Statistics reported Friday.