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.
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,
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 December inflation report shows that inflation rose by 0.4% month over month and 2.9% year over year. NBC News' Brian ...
A gauge of wholesale inflation rose 0.2% in December from November, a softer reading than economists expected and a slowdown ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers ...
Israel's inflation eased more than expected in December to end 2024 at a rate of 3.2% versus 3.0% in 2023, according to data ...
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Expert Advises CBN on Monetary Policy, Interest Rate Decision As Inflation Hit 34.8 Per CentThe Centre for the Promotion of Private Enterprise has advised the Federal Government and the Central Bank of Nigeria against ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Japan's wholesale prices rose 3.8% in December from a year earlier, central bank data showed on Thursday, highlighting ...
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