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.
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
The dollar slipped on Thursday to stand just off recent peaks as cooling U.S. inflation data knocked down bond yields, while ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
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 ...
(Reuters) -Indian shares opened higher on Thursday, tracking other Asian peers, after underlying U.S. inflation softened in ...
Yet excluding the volatile food and energy categories, so-called core inflation declined to 3.2%, after remaining stuck at ...
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