Inflation in December was its highest since the summer, according to data released Wednesday morning, a sign of the lingering presence of higher prices for consumers, though economists did predict ...

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. Inflation ticked up in December while core ...

Inflation moved up for the third month in a row, rising two-tenths of a percentage point to 2.9% for the year ending in December, adding to signs that the Federal Reserve may have to keep interest ...

Inflation rose again in December as stubbornly ... groceries and rent cost — increased 0.4% in December while ticking up to 2.9% on an annual basis. The 2.9% reading is the highest since July ...

which is up by more than a third over the past year. Gas prices jumped 4.4 percent in December, although they were lower than a year ago. And with inflation proving more stubborn than policymakers ...

Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The consumer price index (CPI) rose 0.4 percent in the final month of 2024 and ...

The headline Consumer Price Index rose 2.9% year-over-year in December ... inflation increase and highest annual rate since July 2024. On a monthly basis, consumer prices increased 0.4%, up ...

WASHINGTON — U.S. inflation picked up last month as prices rose for gas ... showed that the consumer price index rose 2.9% in December from a year ago, the highest since July.

Shamim Chowdhury is a Newsweek reporter based in London, U.K. Her focus is on major international breaking news stories, in particular, conflicts, refugees and natural disasters. She has reported ...