A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
Annual inflation in the United States has risen substantially, from 2.7% in November to 2.9% in December, coinciding with the ...
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
STORY: U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas ...
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose ...
15 (UPI) --The consumer price index, the cost shoppers pay for ... sending temperatures plummeting from the western United States to the eastern seaboard and as far south as the Florida panhandle.
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...