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On a "core" basis, which strips out the more volatile costs of food and gas, the December Consumer Price Index (CPI) climbed 0.2% over the prior month, a deceleration from November's 0.3% monthly ...
The consumer price index rose 0.4% last month after climbing 0.3% in November, the Labor Department's Bureau of Labor Statistics said on Wednesday. ... today’s softer than expected core CPI ...
"After recent red-hot data, today's softer-than-expected core CPI reading should help cool fears of a reacceleration in inflation," said Tina Adatia, head of fixed income client portfolio ...
Core CPI (blue) is less volatile than the full CPI-U (red), shown here as the annual percentage change, 1983–2021. A Core CPI index is a CPI that excludes goods with high price volatility, typically food and energy, so as to gauge a more underlying, widespread, or fundamental inflation that affects broader sets of items. More specifically ...
On a monthly basis, core CPI rose less than expected in December, ... "With that report today, with core inflation coming down to 0.2% month over month, this gets us into that fuzzy feeling, that ...
Excluding energy and food, the closely watched core CPI gauge slowed for the first time in months, rising just 0.2% from November and easing to 3.2% after staying stuck at 3.3% since September 2024.
The so-called core CPI had risen 0.3% for four straight months. In the 12 months through December, the so-called core CPI increased 3.2% after climbing 3.3% in November. No rate cut is expected at ...
The consumer price index rose 0.3% last month, the largest gain since April after advancing 0.2% for four straight months, the Labor Department's Bureau of Labor Statistics said.