Consumer Prices in U.S. Little Changed as Fuel Costs Drop

The cost of living in the U.S. was little changed in January for a second month as a drop in energy costs made up for gains in other goods and services.

The unchanged reading in the consumer-price index compared with a 0.1 percent gain projected by the median estimate of economists surveyed by Bloomberg, figures from the Labor Department showed today in Washington. The so-called core measure, which excludes more volatile food and energy costs, increased by the most in more than a year, pushed up by gains in clothing, hotel rates and airline fares.