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.
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.
Inflation heated up in December, as prices continue to weigh on Americans
Inflation picked up in late 2024, fueled by an increase in gas prices, the latest sign of stalled improvement on lowering prices as President-elect Donald Trump prepares to take office. The consumer price index increased by 2.
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Mortgage rates have experienced fluctuations over the last few months, with a general upward trend in recent weeks. As of ...
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
The country’s inflationary landscape has seen a mixture of modest improvements and persistent challenges. According to the ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Nigeria’s food inflation rate hit 39.84 percent in December 2024, a 5.91 percent increase from the 33.93 percent recorded in ...
THE country’s December 2024 inflation rate has increased to 2.9 percent from the 2.5 percent recorded in November, said the ...
Silicon Valley on MSN8h
Bay Area inflation eases in December -- although utility costs soarInflation eased in the Bay Area during December as consumer prices moderated, although PG&E-linked electricity and gas utility costs remained stubbornly high at year's end, a new government report ...
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