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,
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
This contradicts months of claims from Jerome Powell who has insisted that price inflation was rapidly returning to the Fed's ...
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 ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose ...
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
The Bureau of Labor Statistics released the consumer price index report for December earlier today. What the inflation data ...
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