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,
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
The Bureau of Labor Statistics released the consumer price index report for December earlier today. What the inflation data ...
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