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The consumer price index is a weighted average collection of the prices of common goods and services. Changes in the CPI over time are used to estimate the rate of inflation. The consumer price ...
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 ...
Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.
Investors and traders are on edge about what Wednesday’s consumer-price index for December might say about the direction of inflation — data that could potentially move the stock and bond ...
This story has been updated with additional details. The Federal Reserve’s preferred inflation measure surged as predicted ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
Its consumer price index is expected to rise 0.3% from November and 2.8% from December 2023, according to a survey of forecasters by the data firm FactSet. Wholesale prices can offer an early look ...
Tuesday’s PPI reading comes one day ahead of a highly anticipated release of the December Consumer Price Index (CPI). Economists expect that print to show little progress, with core inflation ...