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,
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
The consumer price index, the cost shoppers pay for a wide range of goods and services, rose faster than expected in December ...
Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer ...
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Consumer inflation rose 2.9% in 2024 as US lost some progress near end of yearConsumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
With all of the holiday dining last month, inflation around groceries and dining out didn’t exactly tumble back to the low ...
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
US inflation continued to heat up at the end of 2024. The consumer price index rose by 2.9% year over year in December, above ...
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