Inflation, consumer price index

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.
Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.
Inflation heated up in December, as prices continue to weigh on Americans
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, in line with economists’ expectations and hotter than a 2.7 percent rise in November. It was also above a 2.6 percent annual increase in October.
US inflation picked up in December but underlying price pressures eased
U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed signs of easing, bolstering hopes that the Federal Reserve could still cut its key interest rate this year.
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.
US consumer inflation rises in December but underlying pressures ease
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased slightly, raising hopes that underlying inflation may be moderating.
US Consumer Inflation Rises To 2.9 Percent In December
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted
Markets cheered a December inflation report that suggested underlying price pressures are easing, but the Federal Reserve ...
Dow, S&P 500, Nasdaq rally on more signs of cooling inflation and strong bank earnings
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
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 ...
Why a small drop in inflation matters to you
Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having ...
Stock Market Today: Asian Shares Advance After Inflation Data Drives a Rally on Wall Street
TOKYO (AP) — Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S.
Japan wholesale inflation steady near 4%, keeps alive BOJ rate-hike chance
Japan's annual wholesale inflation held steady at 3.8% in December on stubbornly high food costs, data showed on Thursday, ...