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.
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.
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.
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 ...
Inflation rose for third month in a row, up to 2.9% in December
Inflation moved up for a third month in a row, rising two-tenths of a percentage point to 2.9% for the year ending in ...
USA Today11m
Inflation rises for third month to 2.9% in December. What it means for Fed rate cuts.
Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high ...
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
December CPI report expected to show sticky inflation as investors recalibrate rate cut bets
December's Consumer Price Index will serve as the latest test of whether an inflation resurgence is a risk to the US economy ...
Core Inflation Reading Softer Than Expected
With energy and food inflation markedly stronger in December, the overall reading for the consumer price index surged last ...
UK inflation unexpectedly eases in December, which could reduce bond markets pressure
Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut ...
MoneyWeek8m
Live: Surprise drop in UK inflation rate in December
The latest UK inflation report shows prices increased by 2.5% on an annual basis in December, down from 2.6% in November. The ...
A Niche Inflation Measure Cooled in December
A gauge of wholesale inflation rose 0.2% in December from November, a softer reading than economists expected and a slowdown ...