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Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased. Inflation rose to 5-month high in December.
Overall inflation climbed 0.3% in December from the previous month, driven higher by a jump in gas prices. Monthly increases at that level, if they continued, would exceed the Fed's target.
On a monthly basis, prices rose by 0.3% after rising 0.2% for the prior four months. Economists were expecting inflation to pick up by 0.2% from October and record a 2.7% annual increase ...
The annual percent change in the US Consumer Price Index for All Urban Consumers is one of the most common metrics for price inflation in the United States. The United States Consumer Price Index (CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used ...
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor ...
(The Center Square) – Prices rose again last month, according to newly released federal inflation data. The U.S. Bureau of Labor Statistics on Wednesday released its Consumer Price Index, a key ...
Measured month to month, prices climbed 0.3% from October to November, the biggest such increase since April. ... a rate nearly consistent with inflation at the Fed's 2% target. Powell has said he ...
Notable callouts from the inflation print include the shelter index, which rose 4.6% on an unadjusted annual basis, slightly lower than November's 4.7% uptick and the smallest 12-month increase ...