Inflation accelerated as expected in December
US inflation continued to heat up at the end of 2024. The consumer price index rose 2.9% year-over-year in December, above November's 2.7% rate.
Inflation Rises Again, Hitting 2.9% in December
U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods and services were more muted.
Inflation may have heated up in December
Inflation probably picked up in late 2024, fueled by robust household spending amid a strong economy. A key gauge of inflation — the consumer price index — is expected to show Wednesday morning that prices rose by 2.9 percent in December from a year earlier, according to economists’ forecasts of data released by the Bureau of Labor Statistics.
Nigeria inflation rises for fourth month in a row in December
Nigeria's inflation rate rose for the fourth straight month in December, advancing to 34.80% in annual terms from 34.60% in November, data from the statistics agency showed on Wednesday.
UK Inflation Moderates In December
UK consumer price inflation moderated unexpectedly in December, the Office for National Statistics said on Wednesday. The consumer
UK inflation unexpectedly slows to 2.5% in December
UK inflation unexpectedly slowed to 2.5 per cent in December as the economy weakened, clearing the path for the Bank of England to press ahead with cutting interest rates next month. The consumer price index figure was below November’s 2.
US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
CPI Inflation Ticked Up To 2.9% In December—Highest Since July As Economists Note Stalling Progress
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...
US inflation likely remained elevated last month, threatening interest rate cuts
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make ...
Stock market today: Dow, S&P 500, Nasdaq futures rise as bank earnings shine, inflation cools
A consumer inflation report could reset interest-rate bets, while big bank reports will kick off earnings season.
Why a small drop in inflation matters to you
Core inflation, which strips out the direct impact of volatile energy and food prices is now at a four-year low, having ...
Stock Futures Up Amid Major Bank Earnings and Key Inflation Data
Data Tuesday showed wholesale inflation slowing, but bigger price gains in key categories that feed into the Fed’s preferred ...
What To Expect From Wednesday's Inflation Report
If forecasters are correct, everyone's least favorite economic phenomenon likely continued its comeback in December.
Inflation Relief For the UK — And Rachel Reeves
A reprieve for the UK gilts market will be welcome after a torrid week.
CPI Inflation Report: What to Expect—and How the Release Will Affect the Fed and Interest Rates
The Bureau of Labor Statistics is set to release the consumer price index report for December at 8:30 a.m. Eastern time on ...