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The Labor Department released the consumer price index (CPI) ... the cost of food away from home has increased by twice as much as food at home over the past year, with the former rising by 3.6% ...
The indexes for food at home and food away from home each increased 0.3% in December. Read more: Everyday prices keep climbing, even amid steadier overall inflation Notably, on an annual basis ...
It accounted for about two-thirds of the total monthly food-at-home increase, according to the BLS. Year over year, egg prices have surged 53%. Read more: From $5 eggs to insurance premiums, her e ...
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.
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, food and energy prices are subject to large changes that often fail to persist and do not represent relative price changes.
Yet the Fed has struggled with the last leg of its inflation battle in pushing the CPI to a 2% annual rate, and December's reading could convince the central bank to hold off on another rate cut ...
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
The Consumer Price Index was forecast to rise 2.9% last month, according to economists polled by financial-data firm FactSet. The CPI, a basket of goods and services typically bought by consumers ...