US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
Annual inflation in the United States has risen substantially, from 2.7% in November to 2.9% in December, coinciding with the ...
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
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