Price Inflation Rose Again In December, Climbing To A 10-Month High
According to the Bureau of Labor Statistics’ latest price inflation data, CPI inflation in December accelerated, while the month-to month increase hit a multi-month high.
US consumer inflation rises to 2.9% in December
US consumer inflation rose for a third straight month in December as energy prices increased, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
Consumer Prices Rise on Higher Energy and Food Costs
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
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 inflation rises to 2.9% in December, driven by energy prices and holiday spending
Annual inflation in the United States has risen substantially, from 2.7% in November to 2.9% in December, coinciding with the conclusion of 2024.
Consumer Price Index increased 0.4% in December, Labor Department
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported Wednesday. VIP access to exclusive Just the News newsmaker events hosted by John Solomon and his team.
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers of stubborn inflation experienced by consumers.
Inflation heated up in December, as prices continue to weigh on Americans
Inflation picked up in late 2024, fueled by an increase in gas prices, the latest sign of stalled improvement on lowering prices as President-elect Donald Trump prepares to take office. The consumer price index increased by 2.
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.
U.S. inflation picked up in December, though underlying price pressures ease slightly
Excluding the volatile food and energy categories, so-called core inflation declined to 3.2%, after remaining stuck at 3.3% for three months in a row.
United States key inflation rises 2.9% in December, core CPI at 3.2%
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the ...
Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
US stocks surge after latest inflation report shows progress on price hikes
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
Producer prices rose less than expected in December, encouraging investors
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose ...
Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
CPI Report: Inflation Ticked Up; Core Price Growth Slowed
The Bureau of Labor Statistics released the consumer price index report for December earlier today. What the inflation data ...
2-year yield plunges by most since September on mild core CPI inflation reading
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index came in softer than expected, handing yields their biggest one-day declines ...