'Hard to find anything good': CNN's Matt Egan explains why inflation jumped in January

Consumer prices surged last month, driving inflation up to 3% for the first time since last June. Egg prices drove a large part of the increase in food.

01:27 - Source: CNN
CNN Business: Fear and Greed 9 videos
A shopper browses for eggs in front of a sign posted about egg shortages at a PCC Community Markets grocery store Monday, Jan. 27, 2025, in Seattle. (AP Photo/Lindsey Wasson)
'Hard to find anything good': CNN's Matt Egan explains why inflation jumped in January
01:27
Now playing
- Source: CNN
b influencer.jpg
Influencer describes emotional reaction to seeing TikTok ban
03:17
Now playing
- Source: CNN
Z.jpg
'Major reversal': Clare Duffy lays out new policy changes for Meta
02:40
Now playing
- Source: CNN
Richard Daynard DraftKings 01
This 'legend' fought Big Tobacco and won. Now, he's targeting a new 'public health threat'
04:42
Now playing
- Source: CNN
SPLIT ozempic money thumbnail
Here is how disruptive Ozempic could be
03:29
Now playing
- Source: CNN
A sign is posted in front of a McDonald's restaurant in San Pablo, California, on April 3, 2023. (Photo by Justin Sullivan/Getty Images)
What '$7' fries reveal about the economy
02:33
Now playing
- Source: CNN
tesla semi truck 01
This company is driving some of the first Tesla Semi trucks. Here's what they're learning
03:18
Now playing
- Source: CNN
debt ceiling explainer screengrab 01
The debt ceiling drama, explained in 2 minutes
01:58
Now playing
- Source: CNN Business
NEW YORK - APRIL 9:  A pedestrian carrying an umbrella walks past the New York Stock Exchange April 9, 2003 in New York City. Rain continued for a second day after New York CIty was blanketed by four inches from a Spring snowstorm.  (Photo by Stephen Chernin/Getty Images)
What is a bear market?
01:09
Now playing
- Source: CNN Business