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A driver fills up for almost $100 at a gas station in downtown Los Angeles in September 2023. ... the consumer price index (CPI) ... in the preceding months and were down 0.5% on an annual basis ...
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 ...
The Labor Department on Wednesday said that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – increased 0.4% in December ...
However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.
Overall, the CPI did increase more than anticipated, rising 0.4% from November and jumping 0.2 percentage points to annual rate of 2.9%. However, the monthly gain was largely driven by gas and ...
Thursday's reading on inflation follows up September's Consumer Price Index (CPI), which showed prices rose at their lowest annual ... More than 100K forced to evacuate as deadly Los Angeles fires ...
The final CPI release before the Fed's meeting is expected to be released at 8:30 a.m. ET on Wednesday. Wall Street economists expect headline inflation rose 2.7% annually in November, an increase ...
But the core measure of the index, which excludes volatile food and energy prices, likely accelerated to 6.2% on an annual basis, compared to 5.9% during prior month.