America’s final inflation report for 2023 just came in - CNN
Jan 11, 2024 · In December, gas prices stayed mostly in neutral, rising 0.2%, while rising shelter costs accounted for more than half of the monthly all-items increase, according to the BLS report.
Prices fell in December as inflation continues to moderate
Jan 12, 2023 · Consumer prices decreased by 0.1% in December, the Bureau of Labor Statistics reported Thursday in its Consumer Price Index. The last time prices were lower than the previous month was May 2020.
Inflation heated up last month as consumer prices rose 2.7% ...
Dec 11, 2024 · Economists were expecting inflation to pick up by 0.2% from October and record a 2.7% annual increase, primarily due to unfavorable comparisons from a year ago and stubborn housing-related inflation.
US wholesale inflation surged higher in November | CNN Business
Dec 12, 2024 · US wholesale inflation shot higher last month, an unwelcome sign that some prices could be heating up before they come down the pike to consumers.
US consumer debt soared to new heights in the run-up to the …
Jan 8, 2024 · During December, the one- and three-year ahead median expectations both fell by nearly 0.4 percentage points to 3.01% (lowest since December 2020) and 2.62% (lowest since June 2020), respectively ...
Food prices are on the rise again. What’s behind the increase
Dec 15, 2024 · The “egg-flation” and sudden price hikes in some major food categories are reflections of isolated incidents rather than something systemic and indicative of a reacceleration of inflation.
The Fed’s go-to inflation gauge ticked up less than expected
Dec 20, 2024 · The University of Michigan’s Index of Consumer Sentiment jumped in December for the fifth consecutive month, reaching its highest level since April, according to a final reading released Friday.
Dow plunges by more than 1,100 points after Fed projects fewer
Dec 18, 2024 · What changed from September to December that would cause officials to foresee higher inflation? Trump won a second term. Trump’s victory carries significant implications for the trajectory of ...
Bad news: Consumer prices actually climbed in December
Feb 10, 2023 · The newly calibrated Consumer Price Index shows that prices rose 0.1% on a seasonally adjusted basis in December from November versus a previously estimated decline of 0.1%.
Inflation is slowly coming down and no longer outweighing ... - CNN
Dec 12, 2023 · On Tuesday, President Joe Biden hailed the progress on inflation, as it’s now down nearly two-thirds from its peak of 9.1% in June 2022.