US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.
Inflation heated up in December, as prices continue to weigh on Americans
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, in line with economists’ expectations and hotter than a 2.7 percent rise in November. It was also above a 2.6 percent annual increase in October.
CPI Report: Inflation Ticked Up
Asian Stocks Mixed Ahead of US Inflation Data
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
The outgoing Biden Administration has made resources available to help individuals navigate the Inflation Reduction Act's ...
Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having ...
(Reuters) -Indian shares opened higher on Thursday, tracking other Asian peers, after underlying U.S. inflation softened in ...
Shelter costs were 4.6% higher in December than a year earlier, and they account for more than a third of the consumer price ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
The dollar slipped on Thursday to stand just off recent peaks as cooling U.S. inflation data knocked down bond yields, while ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback