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On a "core" basis, which strips out the more volatile costs of food and gas, prices in January climbed 0.4% over the prior month, higher than December's 0.2% monthly gain and the largest monthly ...
Measured month to month, prices climbed 0.3% from October to November, the biggest such increase since April. US inflation ticked up last month as some price pressures remain persistent Skip to ...
Air fares jumped 1.5% just last month and have risen 5.1% from a year earlier, while hotel room prices rose 0.5% from September to October. Restaurant prices moved up 0.3% in October and 3.6% from ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased. Inflation rose to 5-month high in December.
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), central bank leaders see core inflation hitting 2.5% in 2025 — higher than September's projection of ...
Utility Bills Gas and energy prices fluctuate often, and 2025 will be no exception. In fact, the U.S. natural gas price forecast looks to be going up, according to Diversegy.
As our Chart of the Week shows, the firm’s base case for 2025 shows continued quarters of 2% GDP growth, a respectable outlook by any measure. But, as BofA’s team pointed out, “Our base case ...
And, on a monthly basis, it slowed to 0.3% from 0.5% in January. Both core inflation measures were in line with expectations. Another bright spot was the 0.3% overall monthly pace of price ...