The US CPI data for January exceeded the expectations of almost all analysts

Before the U.S. January CPI was released, only five of the 73 forecasters surveyed by agencies thought the core index would rise by 0.4%. The others were all 0.3% or less. As for the headline CPI, no one expected it to be 0.5%. All 73 economists predicted values of 0.4% or less. This highlights the surprise of this negative report. (Jin Ten)