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.
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Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
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December's CPI print finally showed some relief in core inflation. But the threat of sticky prices is still a reality for ...
The inflation rate in the Euro Area increased to 2.40% in December from 2.20% in November, matching consensus. The Consumer ...
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