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.
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers ...
India's wholesale inflation accelerated in December to 2.37% year-on-year, from 1.89% in November, government data showed on ...
A gauge of wholesale inflation rose 0.2% in December from November, a softer reading than economists expected and a slowdown ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
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Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index for December came in softer than expected, pushing yields across the Treasury ...
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