The December CPI report, due Wednesday, is predicted to show another month of sticky inflation. Gas, food, vehicle, and shelter costs are among the areas believed to have kept the CPI elevated.

The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December from year-ago levels, an uptick from November’s 2.7% rate. Year-over-year core CPI (which excludes ...

Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.

Inflation rose again in December as stubbornly high prices continued to strain consumers' finances ahead of the Federal Reserve's next decision on interest rates. The Labor Department on Wednesday ...

The December CPI report, coupled with a relatively soft reading Tuesday on wholesale prices, shows that while inflation is not cooling dramatically, it also isn't indicating signs of reaccelerating.

Energy costs surged 2.6% in December, led by a 4.4% spike in gasoline prices, driving over 40% of monthly CPI gains. Food prices rose 0.3% in December, with cereals and bakery products jumping 1.2 ...

December CPI was softer than expected, with headline CPI up 0.4% and core CPI up 0.2%, leading to YoY rates of 2.9% and 3.3%, respectively. Stock market futures surged, with the Dow up 600 points ...

Inflation accelerated in December for the third straight month. The consumer price index rose by 2.9% year over year, matching the consensus expectation. The Federal Reserve is expected not to cut ...

On a "core" basis, which strips out the more volatile costs of food and gas, the December Consumer Price Index (CPI) climbed 0.2% over the prior month, a deceleration from November's 0.3% monthly ...

The core CPI is settling at 3.5%, and the December core CPI could extend the 0.3% MoM streak to five months. Rising gasoline prices could continue to boost the headline CPI inflation. The selloff ...