The December CPI report, due Wednesday, is predicted to show another month of sticky inflation. Gas, food, vehicle, and shelter costs are among the areas believed to have kept the CPI elevated.
Last month's CPI was forecast to come in at 2.8%, according to economists surveyed by financial data firm FactSet. The Consumer Price Index, a basket of goods and services typically bought by ...
Base effects threaten to make year-on-year total and core consumer inflation rates accelerate in the December CPI report that will be released on January 15. Furthermore, if year-on-year total and ...
The core CPI is settling at 3.5%, and the December core CPI could extend the 0.3% MoM streak to five months. Rising gasoline prices could continue to boost the headline CPI inflation. The selloff ...
The December Consumer Price Index report showed an acceleration in year-on-year total CPI inflation to 2.9%, the highest rate since July 2024. Meanwhile, core CPI remained sticky and elevated but ...
For the record, headline December CPI increased 0.4% month over month – a slight increase over the 0.3% rate seen in each of the previous four months – to match economists' expectations.
On a "core" basis, which strips out the more volatile costs of food and gas, the December Consumer Price Index (CPI) climbed 0.2% over the prior month, a deceleration from November's 0.3% monthly ...
Year-over-year core CPI (which excludes volatile food and energy costs) rose 3.2%, below the November rate of 3.3%. The CPI increased 0.4% month over month in December after rising 0.3% in November.
According to a press statement on Monday by the agency’s Director of Communication and Public Relations, Sunday Ichedi, the rebased CPI, which will be unveiled at the end of January 2025 ...
December US CPI rose 0.4% MoM and 2.9% YoY, with core CPI showing a cooler 0.2% MoM and 3.2% YoY, signaling easing price pressures. Energy prices surged, driving the fastest monthly CPI increase ...
The closely-watched Consumer Price Index (CPI) increased 0.4% in December, slightly higher than analyst consensus and the previous month's 0.3%. On a year-over-year basis, CPI was up 2.9% ...
Inflation in the US, as measured by the change in the Consumer Price Index (CPI), rose 2.9% on a yearly basis in December from 2.7% in November, the US Bureau of Labor Statistics (BLS) reported on ...
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