Inflation heated up in December, as prices continue to weigh on Americans
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, in line with economists’ expectations and hotter than a 2.7 percent rise in November. It was also above a 2.6 percent annual increase in October.
Consumer price inflation, UK: December 2024
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This compares with a recent peak of 11.8% observed in January and February 2023. On a monthly basis, prices rose by 0.4% in December 2024, compared with a rise of 0.3% a year ago.
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
December's inflation report shows a 0.4% rise in headline inflation and a 0.2% rise in core inflation. See why I think ...
The end of 2024 proved to be a mixed bag when it comes to inflation. Energy prices surged in December and food inflation levels remained more elevated than the summer—which likely left many consumers ...
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
Forecasters expect a monthly report on US consumer prices to show a fifth month of firm increases, bolstering the case for an ...
The market consensus was for inflation to remain stuck at 2.6 per cent, but the risks were very much tilted to the upside.
While the Labor Department released a closely watched report on Wednesday showing U.S. consumer prices increased by slightly more ...
Wholesale prices rose less than expected in December, a positive sign for the economy amid recent market fears that inflation ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback