US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
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.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The Labor Department released the inflation report for December which showed prices were up 2.9% from a year ago, in line ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
7hon MSN
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Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
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UK inflation unexpectedly falls to 2.5% in DecemberUK inflation unexpectedly fell last month as a dip in hotel prices helped offset a jump in the cost of fuel, new official ...
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