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"After recent red-hot data, today's softer-than-expected core CPI reading should help cool fears of a reacceleration in inflation," said Tina Adatia, head of fixed income client portfolio ...
The 2.9% reading is the highest since July 2024. ... The consumer price index (CPI) rose 0.4% on a monthly basis and was up 2.9% from a year ago in December. ... "Today's CPI may help the Fed feel ...
Barclays expects inflation to climb back to 2.8% by next December while the core reading drifts up to 3.1%. ... This article originally appeared on USA TODAY: CPI report shows inflation rose to 5 ...
Overall, the CPI did increase more than anticipated, rising 0.4% from November and jumping 0.2 percentage points to annual rate of 2.9%. However, the monthly gain was largely driven by gas and ...
On a "core" basis, which eliminates 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 ...
Core CPI (blue) is less volatile than the full CPI-U (red), shown here as the annual percentage change, 1983–2021. A Core CPI index is a CPI that excludes goods with high price volatility, typically food and energy, so as to gauge a more underlying, widespread, or fundamental inflation that affects broader sets of items. More specifically ...
Prior to December's print, core CPI had been stuck at a 3.3% annual gain for the past four months. It was the first time since July that year-over-year core CPI saw a deceleration in price growth.
The consumer price index rose 0.4% last month after climbing 0.3% in November, the Labor Department's Bureau of Labor Statistics said on Wednesday. In the 12 months through December, the CPI ...