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.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
The December inflation report shows that inflation rose by 0.4% month over month and 2.9% year over year. NBC News' Brian ...
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers ...
Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...
India's wholesale inflation accelerated in December to 2.37% year-on-year, from 1.89% in November, government data showed on ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
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