Inflation slowed in January to its tamest pace since May 2025, coming after an upbeat jobs report.
The Consumer Price Index hit 2.4% in January, undershooting expectations and decelerating to its pace last May — just a month after Trump unveiled steep “Liberation Day” tariffs.
Core inflation — which excludes volatile food and energy prices — eased to 2.5%. That’s its coolest level since 2021. Consumer inflation has been steadily declining from a 3% peak in September, reaching 2.7% in December. Wholesale inflation, however, has remained elevated at 3%.
Friday’s report was also notable because prices typically spike in January — yet this one was tame. It followed a strong payrolls report earlier this week showing US employers added 130,000 jobs in the same month.
Watch the clips below:
Core inflation is now at its lowest level since March 2021— before Joe Biden's inflation crisis began.
While Democrats attempt to take up the mantle of "affordability," President Trump is actually delivering on an affordable America.pic.twitter.com/newbJUwbLT
— CJ Pearson (@Cjpearson) February 13, 2026
🚨 BREAKING: US inflation comes in BELOW EXPECTATIONS at just 2.4% year-over-year, another economic win for President Trump and Scott Bessent
CNBC: "A DOWNSIDE surprise!" 🔥
Just +0.2% over the month for January — ALSO below expectations
"A GOOD CPI number!" 🇺🇸 pic.twitter.com/2B4Vc9YHIj
— Eric Daugherty (@EricLDaugh) February 13, 2026
More over at The New York Post:
Inflation slows to 2.4% in January, at tamest pace since last May https://t.co/rbBWe80TpV pic.twitter.com/XHQzYF4DD6
— New York Post (@nypost) February 13, 2026