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US consumer prices rise
US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
Inflation Ticks Up to 2.9%, but Underlying Price Gains Are Muted
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
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 more than economists polled by Reuters had expected,
Consumer Prices Rise on Higher Energy and Food Costs
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
US inflation rises to 2.9% in December, driven by energy prices and holiday spending
Annual inflation in the United States has risen substantially, from 2.7% in November to 2.9% in December, coinciding with the conclusion of 2024.
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 cuts.
Consumer Price Index increased 0.4% in December, Labor Department
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported Wednesday. VIP access to exclusive Just the News newsmaker events hosted by John Solomon and his team.
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 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 fewer interest rate cuts this year.
Consumer prices rise in December at the same rate they did in November: report
The increase in the consumer price index for the 25-county region that includes Long Island was fueled in part by the cost of natural gas, electricity and housing.
2d
on MSN
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 ...
2d
on MSN
US stocks surge after latest inflation report shows progress on price hikes
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 ...
3d
on MSN
Producer prices rose less than expected in December, encouraging investors
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose ...
2d
on MSN
Which Nashville grocery stores increased their prices the most? How food prices changed in last five years
Which grocery stores have increased their prices the most in Nashville? Take a look at how food prices increased at Aldi, ...
2d
on MSN
Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
2d
CPI Report: Inflation Ticked Up; Core Price Growth Slowed
The Bureau of Labor Statistics released the consumer price index report for December earlier today. What the inflation data ...
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