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Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Inflation accelerated as expected in December
US inflation continued to heat up at the end of 2024. The consumer price index rose by 2.9% year over year in December, above November's 2.7% rate.
December Consumer Inflation Accelerates, Core Rates Miss Estimates
US consumer inflation accelerated last month on both sequential and annual bases, while core measures came in below Wall Street's estimates, government data showed Wednesday. The consumer price index increased 0.
1d
US single-family housing starts, permits hit 10-month high in December
U.S. single-family homebuilding increased to a 10-month high in December, indicating some improvement in housing activity at ...
2d
on MSN
December Retail Sales Expected to Shine After a Strong Holiday Season
December’s retail sales report could be a bright spot for the economy, rounding out a surprisingly solid holiday season. By ...
Marketplace
1d
Housing starts jumped in December
Usually, construction slows down in the colder months. The growth could signal a strong homebuilding period in 2025.
23h
China's December aluminium imports fall 8.6% y/y, customs data show
China's imports of unwrought aluminium and aluminium products fell 8.6% in December from the same month a year earlier to 300 ...
2d
on MSN
FBI closed DEI office in December, agency says
The FBI confirmed to Fox News Digital that the agency closed its office of Diversity, Equity and Inclusion in December.
2d
on MSN
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
2d
on MSN
US retail sales rise solidly in December
U.S. retail sales increased solidly in December, pointing to strong demand in the economy and further reinforcing the Federal ...
3d
on MSN
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
3d
on MSN
Core consumer prices rose 0.2% in December, below expectations
The consumer price index, the cost shoppers pay for a wide range of goods and services, rose faster than expected in December ...
2d
US import prices remain tame in December
U.S. import prices barely rose for a third straight month in December as a surge in the costs of fuels ad foods was offset by ...
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