The consumer price index (CPI) of the United States stood at 1.4 % last January compared to the same month last year, so it did not register any change compared to the year-on-year inflation observed during the previous month, according to data published this Wednesday by the labor statistics office of the US Department of Labor.

The agency explained that although food prices rose 3.8 % in January, one tenth less than the year-on-year increase in December, this could not fully compensate for the 3.6 % drop in energy prices. In December, energy prices had fallen 7 %.

Thus, without taking into account the impact of energy and food prices, the core inflation rate in the United States stood at 1.4 % in January, thus falling by two tenths compared to the previous month. In February, before the pandemic, the figure reached 2.4 %.

In monthly terms, the country registered an inflation of 0.3 %, one tenth more than in December. On the other hand, the underlying rate remained at 0 % in the first month of 2021, with no chane compared to the previous month.

K. Tovar

Source: LatinUS

La entrada Inflation in the US remains at 1.4 % in January apareció primero en Bitfinance.

Bitcoin, the world’s most widely used cryptocurrency, reached a new all-time high this weekend, close to the $ 35,000 border, although it subsequently lost steam and is now around $ 32,150.

The cryptocurrency, which also trades on weekends, reached $ 34,792 yesterday, its new record, and in this Monday’s session it touched $ 33,665, according to Bloomberg data.

The digital currency has exploded since the beginning of the year bitcoin, which surpassed $ 29,000 ($ 29,292) on Thursday, the last day of 2020, broke the barrier of $ 33,000 ($ 33,277) on Saturday, a jump of $ 4,000.

From December 16 he moves to the heights

On December 16, the cryptocurrency passed the level of $ 20,000 for the first time and reached $ 21,295. From that moment on, it continued to rise, encouraged by the interest of the large fund managers.

On December 19 it surpassed the barrier of $ 24,000; on December 26 it shot up to nearly $ 27,000; and a day later it exceeded $ 28,000.

G. Febres

With information from Bloomberg and international media

La entrada Bitcoin hits new all-time highs opening the year apareció primero en Bitfinance.