US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
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 CONSUMER inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the ...
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
The consumer-price index came in relatively hot, rising 2.9% over the year, the Labor Department. But the so-called core CPI, which excludes volatile food and energy prices, rose 0.2% from a month ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
Annual inflation in the United States has risen substantially, from 2.7% in November to 2.9% in December, coinciding with the ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
The Bureau of Labor Statistics released the consumer price index report for December earlier today. What the inflation data ...
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