US consumer prices rise slightly above expectations in December
U.S. consumer prices increased slightly more than expected in December amid higher costs for energy goods, pointing to still elevated inflation that aligns with the Federal Reserve's projections for ...
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 ...
Here’s What To Expect From January’s CPI Inflation Figures
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
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How the Consumer Price Index measures inflation
The Consumer Price Index is the chief benchmark economists use to measure inflation. The U.S. Bureau of Labor Statistics calculates the CPI each month by collecting information on the price of ...
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US consumer prices post largest gain in nine months; underlying inflation slowing
The consumer price index rose 0.4% last month, the largest gain since March, after climbing 0.3% in November, the Labor Department's Bureau of Labor Statistics said. A 2.6% jump in the cost of energy ...
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US producer prices rose 0.2% last month on higher energy costs
The producer price report came out a day before the Labor Department reports on consumer prices. Its consumer price index is expected to rise 0.3% from November and 2.8% from December 2023, according ...
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US consumer inflation rises to 2.9 percent in December
US consumer inflation rose for ... the Federal Reserve to pause rate cuts. The consumer price index (CPI) accelerated to 2.9 percent last month from a year ago, up from 2.7 percent in November, the ...
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Energy and food prices drove inflation in December
The Labor Department released the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – for December, which showed that prices were 2.9% ...
US inflation ticks up again — but Dow surges as key Fed gauge dips
US consumer prices showed no signs of cooling in December amid higher costs for energy goods, but the Federal Reserve’s preferred inflation gauge dipped — leading to a rally on Wall Street. The ...
United States key inflation rises 2.9% in December, core CPI at 3.2%
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the highest since last July ...
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US consumer inflation rises for third straight month in December
US consumer inflation rose for ... underlying inflation may be moderating. The consumer price index (CPI) accelerated to 2.9 ...
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US consumer inflation rises to 2.9% in December
US consumer inflation rose for a third straight month in December as energy prices increased, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate ...