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Headline consumer prices rose as forecast last month. The CPI increased 2.9% over the prior year in December, an uptick from November's 2.7% annual gain in prices. The yearly increase matched ...
The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 3% over the prior year in January, an uptick from December's 2.9% annual gain in prices.
A fresh update on inflation will come next week with the release of the Consumer Price Index (CPI) for December. ... of 2024 underpin our forecast of a 0.4% monthly gain in the Consumer Price ...
Last month's CPI was forecast to come in at 2.8%, according to economists surveyed by financial data firm FactSet. ... "While today's release is likely insufficient to put a January rate cut back ...
The index rose 0.3% month over month after rising 0.4% in October. Shelter contributed to nearly 40% of the monthly increase in overall inflation, the BLS said.
Morgan Stanley's economics team moved up their core PCE inflation forecast for December following the release. The firm now believes prices increased 0.23% month over month in December, up from ...
The Consumer Price Index (CPI) revealed headline inflation rose 0.1% over last month and 4% over the prior year in May, a slowdown from April's 0.4% month-over-month increase and 4.9% annual gain ...
According to the latest data from the Bureau of Labor Statistics released Wednesday morning, the Consumer Price Index (CPI) revealed headline inflation rose 0.4% over last month and 4.9% over the ...