US inflation rises in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures (PCE) price index rose 0.
U.S. Consumer Price Growth Matches Estimates In December
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with
Fed's favored inflation gauge accelerates further in December
The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to government data published Friday, while underlying inflation was unchanged.
US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.
PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
Key Takeaways Inflation, as measured by Personal Consumption Expenditures, rose 2.6% over the year in December, up from 2.4% in November and in line with forecasts.As the Federal Reserve's goal of a 2% annual rate fades into the distance,
Inflation Worsened in December. What It Means for Fed Rate Cuts.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, and other energy goods and services jumped 2.7% durin
Here’s What To Expect From January’s CPI Inflation Figures
The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts. That may be broadly good news for the Fed.
AIER's Everyday Price Index Gains Marginally In December 2024
The American Institute for Economic Research's Everyday Price Index (EPI), calculated and published monthly, rose 0.12 ...
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CA Consumer Price Index, December 2024
The Consumer Price Index (CPI) rose 1.8% on a year-over-year basis in December, down from a 1.9% increase in November. Food ...
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CPI increases in December
Statistics South Africa (Stats SA) has recorded an increase in the Consumer Price Index (CPI), with data showing that ...
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Retail Inflation Eases for Farm and Rural Workers: December 2024 Analysis
Retail inflation for farm and rural workers decreased in December 2024. The Consumer Price Index for Agricultural Labourers ...
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Consumer Price Index, Australia, December Quarter 2024
The Consumer Price Index (CPI) rose 0.2% this quarter. • Over the twelve months to the December 2024 quarter, the CPI rose ...
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Breaking: Canadian headline CPI rose below consensus in December
Canada's inflation rate eased a tad in December, according to Statistics Canada. The Consumer Price Index (CPI), which tracks the cost of goods and services, climbed 1.8% compared to last year ...
Japan Inflation Jumps To 3.0% In December
Japan's annual rate of consumer price inflation accelerated to 3.0 percent in December from 2.7 percent the month before, government data showed Friday.
Core inflation in Japan's capital hits 1-year high, keeps BOJ rate-hike bets alive
Core inflation in Japan's capital hit 2.5%, marking the fastest annual pace in nearly a year, well exceeding the central bank ...