Inflation rises 3% in January, hotter than expected
1. January inflation rose 0.5%, exceeding economists' 0.3% estimate. 2. Annual inflation now at 3%, higher than last month's 2.9%. 3. Core inflation increased by 0.4%, exceeding expected 0.3% rise. 4. Higher inflation may influence Federal Reserve's interest rate decisions. 5. Consumer prices strain household finances, impacting overall economic sentiment.