Consumer Prices Rise on Higher Energy and Food Costs
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
Core consumer prices rose 0.2% in December, below expectations
The consumer price index, the cost shoppers pay for a wide range of goods and services, rose faster than expected in December but core items did not make the same jump, according to the latest report
Consumer inflation rose 2.9% in 2024 as US lost some progress near end of year
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept up with higher prices.
Consumer prices rose faster in December than November
Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer Price Index for All Urban Consu
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,
Consumer Price Index increased 0.4% in December, Labor Department
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported Wednesday. VIP access to exclusive Just the News newsmaker events hosted by John Solomon and his team.
Consumer prices rise in December at the same rate they did in November, report says
The increase in the consumer price index for the 25-county region that includes Long Island was fueled in part by the cost of natural gas, electricity and housing.
US consumer inflation rose in Dec but underlying pressures eased
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased slightly, raising hopes that underlying inflation may be moderating.
Inflation rose to 3.3% in December in producer price index in threat to outlook
There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest rates restrictively high for longer.
Energy and food prices drove inflation in December
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers of stubborn inflation experienced by consumers.
Price Inflation Rose Again In December, Climbing To A 10-Month High
According to the Bureau of Labor Statistics’ latest price inflation data, CPI inflation in December accelerated, while the month-to month increase hit a multi-month high.
US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
US stocks surge after latest inflation report shows progress on price hikes
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...
Has business activity picked up in Europe?
Consumer demand remains soft and there are growing signs of “cracks” in the labour market, leaving the ECB “increasingly behind the curve with its slow loosening cycle”, according to Tomas Dvorak, an ...
Trump’s Return Nudges Economists’ Inflation Outlook Higher
Economists are starting to model the effects of President-elect Donald Trump’s plans to raise tariffs, cut taxes and restrict ...
Hosted on MSN6h
Top Stories This Week: Gold Back Above US$2,700; Plus — Send Your Questions for Rick Rule and More
The gold price broke through US$2,700 per ounce this week for the first time in about a month, rising to the US$2,720 level ...
Is Alibaba Group Holding Limited (BABA) the Best Cheap Stock to Buy for 2025?
We recently compiled a list of the 15 Best Cheap Stocks to Buy for 2025. In this article, we are going to take a look at ...
Why eggs are so expensive right now, and when could prices start to drop?
The USDA projected that New York’s average egg price would stay high at $4.80 in the early part of the year, but gradually ...
How Fed Rate-Cut Odds Have Shifted This Week
Fears of elevated interest rates dampened the mood on Wall Street at the start of this year–but cooling core inflation and ...