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 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.
Inflation, Trump
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The increase in the consumer price index is unhelpful for President-elect Donald Trump, who will soon inherit the economy ...
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Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
15hon MSN
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The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
UK inflation unexpectedly dipped in December for the first time in three months as hotel prices fell and tobacco costs eased.
Gold prices rose, boosted by a softer dollar and concerns over the impact of potential U.S. trade tariffs on inflation after Trump takes office and traders await U.S. inflation data for more cues on ...
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