Posted inEconomy

Inflation dropped in January. Here’s a look behind the numbers

Inflation fell to 2.4% in January from 2.7% in December, reaching nearly a five-year low. What’s Happening: Gas prices fell 3.2% last month while apartment rental price growth slowed. Grocery prices increased 0.2% in January and are up 2.1% from a year ago. What’s Important: Consumer prices remain about 25% higher than they were five […]