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"CPI inflation in December was a bit higher than forecasters expected. The headline CPI rose 0.3% in December, up from 0.1% in November, while the core CPI rose 0.3%, unchanged from November.
December CPI Report Highlights. CPI report release date and time: Wednesday, Jan. 15, at 8:30 a.m. EST; The CPI is forecast to rise 0.3% in December after rising by the same amount in November.
Prior to December's print, core CPI had been stuck at a 3.3% annual gain for the past four months. It was the first time since July that year-over-year core CPI saw a deceleration in price growth.
Yet the Fed has struggled with the last leg of its inflation battle in pushing the CPI to a 2% annual rate, and December's reading could convince the central bank to hold off on another rate cut ...
Core CPI also rose 0.2%, below the November increase of 0.3%. Economists expected consumer prices to rise 0.3% on a monthly basis in December, and for the annual inflation rate to rise to 2.8% ...
The Bureau of Labor Statistics released its December Consumer Price Index (CPI) at 8:30 a.m. ET on Thursday. Here are the main figures from the report, compared to Wall Street estimates.
The Labor Department on Wednesday said that the consumer price index (CPI) — a broad measure of how much everyday goods like gasoline, groceries and rent cost — increased 0.4% in December ...
In December, Fed Chair Jerome Powell said the central bank was likely done raising its key interest rate after pushing it to a 22-year high of 5.25% to 5.5% to tame inflation.
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. Read what investors need to know.
December's Consumer Price Index (CPI) data showed prices increased 0.4% month over month and 2.9% year over year. Core CPI, which excludes volatile food and energy prices, rose 3.2% yearly, coming ...
With the December CPI report now a matter of record, we turned to economists, strategists and other experts for their thoughts on what the data means for markets, macroeconomics and monetary ...