Inflation Data Rocked the Stock Market in 2022. What to Know About Today's Reading

The calculation for the consumer price index (CPI) is going to be updated for January price data, which is scheduled to be released Tuesday morning by the Bureau of Labor Statistics.

The new calculation will put more importance on the housing sector and less on used cars and will include some methodological changes that could push the headline number higher than economists had been expecting after a year of rapid price changes.