January 2026 CPI Projected to Increase by 2.4% Year-Over-Year

The Consumer Price Index (CPI) for January 2026 is anticipated to rise by 2.4% compared to the same month in the previous year. FactSet posted on X, indicating that this projection reflects ongoing inflationary pressures in the economy. Analysts suggest that factors such as supply chain disruptions and increased consumer demand are contributing to the upward trend in prices. The CPI is a key indicator used to gauge inflation and assess the cost of living, impacting monetary policy decisions and economic forecasts. Economists will be closely monitoring these figures to understand the broader implications for the economy and potential adjustments in interest rates.