Here's the inflation breakdown for December 2024 — in one chart
Jan 15, 2025 · 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.
CPI inflation December 2024: - CNBC
Jan 15, 2025 · Prices that consumers pay for a variety of goods and services rose again in December but closed out 2024 with some mildly better news on inflation, particularly on …
CPI edged higher in December, complicating the Fed's ... - CBS …
Jan 15, 2025 · Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases. Last...
December 2024 CPI Report: Core Inflation Rose Month-Over …
Jan 16, 2025 · The December 2024 Consumer Price Index (CPI) report offered a welcome reprieve, as Core CPI (excluding food and energy) rose by a milder-than-expected 0.2% month-over-month (MoM) after four consecutive months of 0.3% MoM increases. ... Core inflation is closely watched by investors and members of the Federal Reserve because it excludes volatile ...
Inflation rises 2.9% in December, in line with expectations
Jan 15, 2025 · The Labor Department on Wednesday said that the consumer price index (CPI) — a broad measure of how much everyday goods like gasoline, groceries and rent cost — increased 0.4% in December while...
America’s final inflation report for 2023 just came in - CNN
Jan 11, 2024 · In December, gas prices stayed mostly in neutral, rising 0.2%, while rising shelter costs accounted for more than half of the monthly all-items increase, according to the BLS report.
CPI report shows inflation rose to 5-month high in December
Jan 15, 2025 · Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last...
Inflation Sped Up in December, a Fresh Challenge for the Fed
Jan 15, 2025 · Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may have stalled. The Consumer Price Index rose 0.4 percent from November, and ...
US inflation picked up in December but underlying price …
Jan 15, 2025 · The consumer price index rose 2.9% in December from a year ago, Wednesday’s report from the Labor Department showed, up from 2.7% in November. It was the third straight increase after inflation fell to a 3 1/2 year low of 2.4% in September.
December Inflation Report: Price Increases Tick Higher, but Show ...
Jan 11, 2024 · U.S. consumer prices rose 3.4 percent in the year through December, in a report that comes as the Federal Reserve weighs cutting interest rates. Fresh inflation data showed an intact, but...