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Inflation rises 2.9% in December, in line with expectations
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line with economists expectations and up from 2.7% in November.
Core consumer prices rose 0.2% in December, below expectations
The consumer price index, the cost shoppers pay for a wide range of goods and services, rose faster than expected in December but core items did not make the same jump, according to the latest report
December Consumer Inflation Accelerates, Core Rates Miss Estimates
US consumer inflation accelerated last month on both sequential and annual bases, while core measures came in below Wall Street's estimates, government data showed Wednesday. The consumer price index increased 0.
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2h
Housing starts jumped in December
Usually, construction slows down in the colder months. The growth could signal a strong homebuilding period in 2025.
1d
on MSN
December Retail Sales Missed Expectations. Holiday Sales Were Still Solid.
Retail sales gained 0.4% in December from November, slightly below projections for a 0.5% increase, according to FactSet.
2d
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
5h
on MSN
Canadian dollar approaches December low on tariff concern
The Canadian dollar weakened against its U.S. counterpart on Friday, with the currency approaching a multi-year low it hit in ...
2d
on MSN
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.
1d
on MSN
U.S. Consumers Couldn’t Keep Up Their Surprise Streak in December
Retail sales were higher in December, but they didn’t come in ahead of economist estimates. This broke a six-month streak of ...
18h
on MSN
UK retail sales fall unexpectedly in December, adding to downbeat data
By Andy Bruce and Suban Abdulla LONDON (Reuters) -British retail sales fell unexpectedly in December, according to official ...
1d
on MSN
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
2d
Inflation Sped Up in December, a Fresh Challenge for the Fed
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
1d
US import prices remain tame in December
U.S. import prices barely rose for a third straight month in December as a surge in the costs of fuels ad foods was offset by ...
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