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.
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
Overall inflation in the United States accelerated for the third-straight month in December. But the core consumer price ...
U.S. presidential election, the Democrats joined a slew of governments voted out in the past year in the wake of high ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
The fresh data arrives after a jobs report last week showed stronger-than-expected hiring in December, which sent the stock ...
Bets on lower borrowing costs were also bolstered by inflation news coming out of the US, where data suggested the underlying ...
CryptoQuant contributor Burakkesmeci said the crypto market experienced a “strong rally” as US inflation data “painted a ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
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