New numbers from the January consumer price index report show a rise in gas, eggs and coffee prices. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver break down the inflation numbers,

A new government report shows inflation shot up in January for the sixth consecutive month. The Producer Price Index jumped 0.4% in January and 3.5% for the year. Analysts had expected the number to come in at 0.3%.

Consumer prices rose by 3 percent annually last month, higher than reported in December. Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in early 2025,