US consumer prices rise slightly above expectations in December
U.S. consumer prices increased slightly more than expected in December amid higher costs for energy goods, pointing to still elevated inflation that aligns with the Federal Reserve's projections for fewer interest rate cuts this year.
US consumer inflation rises to 2.9% in December
US consumer inflation rose for a third straight month in December as energy prices increased, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
Core CPI rises less than forecast as inflation pressures ease slightly in December
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.
Bitcoin Smashes $99,000 as Inflation Rises to 2.9% in December
Inflation fears are eating away at Bitcoin’s post-election gains, and consumer prices rose a greater-than-expected pace in December.
Japan's wholesale inflation steady at 3.8% in December
Japan's wholesale prices rose 3.8% in December from a year earlier, central bank data showed on Thursday, highlighting persistent inflationary pressure from rising raw material costs. The rise in the corporate goods price index (CGPI),
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.
December inflation report shows a rise of 0.4% month over month
The December inflation report shows that inflation rose by 0.4% month over month and 2.9% year over year. NBC News' Brian Cheung and Editor-in-Chief at Investopedia Caleb Silver break down the latest economic data.
Israel inflation eases in December for 3.2% rate in 2024
Israel's inflation eased more than expected in December to end 2024 at a rate of 3.2% versus 3.0% in 2023, according to data on Wednesday from the Central Bureau of Statistics that could entice policymakers to start reducing interest rates soon.
Inflation accelerated as expected in December
US inflation continued to heat up at the end of 2024. The consumer price index rose by 2.9% year over year in December, above November's 2.7% rate.
Mixed CPI Data For December
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
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Consumer Prices Continue Slow Rise In December
The latest Consumer Price Index (CPI) reading indicates headline inflation rose slightly in December, exceeding expectations ...
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Will This Week’s CPI Figures Keep Bitcoin on Track to $200,000?
As inflation and Fed policy take center stage, institutional flows and macro conditions could shape Bitcoin’s path to ...
CPI accelerates in December, as expected; core CPI surprises lower
Excluding food and energy, core CPI gained 0.2% from a month earlier, after increasing 0.3% in each of the previous four months. The latest print slightly trailed the +0.3% consensus and the prior ...
Social Security's 2025 COLA Took Effect in January, but It Comes With an Unpleasant Surprise for Retirees
Social Security's 2025 cost-of-living adjustment (COLA) took effect in January. Benefits will increase 2.5% this year, the ...
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Kiplinger's Economic Calendar for This Week (January 13-17)
In addition to the latest inflation updates – including Wednesday's release of the December Consumer Price Index (CPI) report – Wall Street will be watching for retail sales data and several ...
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Dec CPI inflation clocks in at 4.1pc YoY
ISLAMABAD: The Consumer Price Index-based inflation clocked in at 4.1 per cent on year-on-year basis in December 2024 as compared to 4.9 per cent in the previous month and 29.7 per cent in ...
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CN Last Dec CPI +0.1% YoY, In Line with Street Consensus
China's CPI hiked 0.1% YoY, in line with market expectations, as the National Bureau of Statistics (NBS) released data. Among ...
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.