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Inflation, consumer price index and December
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.
US Consumer Inflation Rises To 2.9 Percent In December
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
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.
Data, Inflation
TSX posts biggest gain since November on US inflation data
Futures for Canada's main stock index rose on Wednesday, buoyed by gains in commodity prices, while investors waited for a key U.S. inflation report and local economic data.
Fall in Gilt Yields After U.K. Inflation Data Could Lift Sterling
Sterling rose against the dollar and could get some relief from the fall in U.K. government bond yields after lower-than-expected U.K. inflation data, MUFG Bank said.
US Stocks Pop On Inflation Data, Strong Earnings
US stocks jumped Wednesday, reversing a recent decline as traders responded enthusiastically to strong bank earnings and data indicating a slowdown in underlying inflation.
5h
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 ...
36m
on MSN
Inflation inches up in final 2024 reading
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
4h
on MSN
US inflation rises for third straight month, grows at fastest pace since July
Grocery prices had slowed for most of last year but began accelerating in the fall, rising 0.4% in September, 0.5% in ...
12h
on MSN
Reeves should be wary of expecting surprise inflation good news to last - with tax rises yet to bite and Trump tariffs ahead
With the cost of servicing debt elevated, her fiscal rules remain in peril, and difficult decisions on spending will follow ...
8h
FTSE jumps as inflation ‘relief’ raises hopes for rate cuts
Inflation remained stuck above the Bank of England’s 2pc target, official figures show, as rising prices put pressure on ...
15h
on MSN
Stock market today: Asian stocks mixed ahead of US inflation data
Asian stocks were mixed Wednesday following Wall Street’s mostly positive performance ahead of key U.S. inflation data that ...
10h
Stocks surge after softer US inflation, upbeat fourth quarter earnings
Global shares jumped and the dollar fell on Wednesday, after data showed core U.S. inflation rose less than expected in ...
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