US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
MT Newswires on MSN5d
December Consumer Spending Accelerates as Annual Core Inflation Holds Steady
Consumer spending growth accelerated at the end of 2024, while the Federal Reserve's preferred inflation metric held steady at the annual level, government data showed Friday. Personal consumption ...
December Consumer Income/Spending And Inflation
Consumers keep spending, while inflation edges higher.Personal consumption expenditures (PCE) grew by a strong 0.7 percent in December, easily ...