US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
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German inflation confirmed at 2.6% in DecemberGerman inflation rose to 2.6% year-on-year in December, authorities said on Thursday, confirming an earlier estimate. The ...
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
Inflation rose in December to its highest level since July with much of the increase driven by increasing energy and food prices. The Labor Department released the consumer price index (CPI ...
Germany has struggled with rising prices due to the impacts of the COVID-19 pandemic and Russia's invasion of Ukraine. The ...
In the 12 months ending in November, inflation rose for the second consecutive month. The Fed recently scaled back its expectations for interest rate cuts in 2025 owing to persistent inflationary ...
Here are the key points: Inflation picked up in December, as gas prices rose sharply, though price gains for other goods were more muted. Annual inflation was 2.9%, in line with expectations and ...
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