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International Business Times
International Business Times
World

US Consumer Inflation Unexpectedly Up, Trump Blames Biden

US President Donald Trump was elected in large part on promises to fight inflation but he is seeing stubborn price rises (Credit: AFP)

US consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril for President Donald Trump, who quickly blamed the uptick on his predecessor Joe Biden.

The consumer price index (CPI) edged up to 3.0 percent in January from a year ago, rising slightly from 2.9 percent a month earlier, the Labor Department said in a statement.

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