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Consumer Price Index: Inflation Ticks Up To 2.9% In December

Source: SeekingAlpha

2025-01-15 20:35:00 ET

Summary

  • According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year-over-year, right in line with economist expectations.
  • Additionally, core CPI came in lower than expected, slowing to 3.2% year-over-year.
  • In December, headline CPI accelerated for a third straight month to 2.89%. Additionally, core CPI slowed to 3.24%, its lowest level in four months.

By Jennifer Nash

Inflation ticked up in December while core growth slowed. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year-over-year, right in line with economist expectations....

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Consumer Price Index: Inflation Ticks Up To 2.9% In December
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