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.
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
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 ...
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
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 ...
Which grocery stores have increased their prices the most in Nashville? Take a look at how food prices increased at Aldi, ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
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