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Inflation, consumer price index and December
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 3.2 percent, from 3.3 percent.
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.
ConsumerAffairs
14h
Consumer prices rose faster in December than November
Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer ...
14h
Food Prices Prove Stubborn
With all of the holiday dining last month, inflation around groceries and dining out didn’t exactly tumble back to the low ...
justthenews
14h
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 ...
1d
on MSN
Stock market today: Indexes mixed as investors brace for a critical inflation report
Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
12h
on MSN
Bitcoin price nears $100K as US dollar dips on CPI relief
BTC price strength accompanied the December print of the US Consumer Price Index (CPI), which met expectations. Like the ...
11h
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 ...
1d
on MSN
Stock market today: Indexes tick higher as producer inflation comes in cool
US stocks gained after cooler-than-expected producer price index data soothed inflation concerns. The numbers on Tuesday ...
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