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Shelter did show some signs of easing last month, rising 4.4% on an annual basis, the smallest 12-month increase in three years. Similarly, the year-over-year increase in rent was the coolest ...
Consumer prices rose 0.5% from December — the fastest pace since September 2023 — resulting in an annual inflation rate of 3% for the 12 months that ended in January, according to the latest ...
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 CPI jumped 0.5% last month after gaining 0.4% in December, the Labor said on Wednesday. Economists polled by Reuters had forecast the CPI gaining 0.3% and rising 2.9% year-on-year. Fed funds ...
The shelter index is up 4.6% over the past year, which is the smallest 12-month increase since January 2022. Transportation prices rose 0.5% in December and are up 7.3% from a year ago.
The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.7% over the prior year in November, a slight uptickfrom October's 2.6% annual gain in ...
Excluding energy and food, the closely watched core CPI gauge slowed for the first time in months, rising just 0.2% from November and easing to 3.2% after staying stuck at 3.3% since September 2024.
Data from the Consumer Price Index (CPI), a key metric from the Bureau of Labor Statistics used to measure inflation, show that prices increased 3.2 percent between February 2023 and February 2024 ...