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    Inflation ticks up amid stubborn consumer price hikes

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Inflation ticks up amid stubborn consumer price hikes

02:51

The newest read on the economy shows a higher-than-expected increase for January with inflation rising 0.5%, the largest increase in 17 months. Rent, hotels and apartment costs were up 4% and grocery bills skyrocketed with the cost of eggs nearly double what they were last year. NBC’s Christine Romans reports for TODAY on what's causing the uptick.