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.
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Despite aggressive interest rate hikes by the Fed aimed at curbing inflation, the CPI's decline in yearly growth has been ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
4hon MSN
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
It is the first of a pair of highly anticipated inflation reports this week, with markets on edge and traders betting on ...
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