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.
Global unemployment remained steady last year at an historical low of 5%, where it is set to stay in 2025, the International ...
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ...
US stocks jumped at the open after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
Overall inflation in the United States accelerated for the third-straight month in December. But the core consumer price ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
New York (CNN) — US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of ...
Yet excluding the volatile food and energy categories, so-called core inflation declined to 3.2%, after remaining stuck at ...
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
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