Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
One chart shows that low-income Americans get hit hardest by inflation
Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.
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Here's the inflation breakdown for December 2024 — in one chart
Groceries are up 1.8%. Meanwhile, there were some bright spots in the CPI report, such as shelter. The 4.6% annual inflation rate for housing in December was the lowest since January 2022.