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.

On a "core" basis, which strips out the more volatile costs of food and gas, the December Consumer Price Index (CPI) climbed 0.2% over the prior month, a deceleration from November's 0.3% monthly ...

Inflation rose again in December as stubbornly high prices continued to strain consumers' finances ahead of the Federal Reserve's next decision on interest rates. The Labor Department on Wednesday ...

Forecasts for the December Consumer Price Index report show another month of inflation remaining stubbornly above the Federal Reserve’s target. After significant declines in 2023 and most of ...

Inflation ticked up in December while core growth slowed. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year-over-year, right in line ...

The closely watched core measurement of the Consumer Price Index slowed for the first time ... and this is what happened in December,” Eugenio Aleman, chief economist for Raymond James, wrote ...

Inflation accelerated in December for the third straight month. The consumer price index rose by 2.9% year over year, matching the consensus expectation. The Federal Reserve is expected not to cut ...

The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December from year-ago levels, an uptick from November’s 2.7% rate. Year-over-year core CPI (which excludes ...

In December 2024, the national consumer price index (CPI) increased by 0.1 percent year on year. Among them, the price in urban areas increased by 0.1 percent and the price in rural areas was flat; ...

The Consumer Price Index rose 2.9 percent from a year earlier ... Times By Ben Casselman Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against ...

The Bureau of Labor Statistics released the consumer price index reading for December this morning. The inflation for goods eased again last month, after an uptick in November. Goods prices were ...

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.