The December CPI report, due Wednesday, is predicted to show another month of sticky inflation. Gas, food, vehicle, and shelter costs are among the areas believed to have kept the CPI elevated.

The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December from year-ago levels, an uptick from November’s 2.7% rate. Year-over-year core CPI (which excludes ...

Inflation rose again in December as stubbornly high prices continued to strain consumers' finances ahead of the Federal Reserve's next decision on interest rates. The Labor Department on Wednesday ...

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.

From a month earlier, headline CPI is expected to hold steady at 0.3% in December. That translates to a 2.9% Y/Y rise in December, well above the Fed's 2% target and accelerating from November's 2 ...

The December CPI report, coupled with a relatively soft reading Tuesday on wholesale prices, shows that while inflation is not cooling dramatically, it also isn't indicating signs of reaccelerating.

Energy costs surged 2.6% in December, led by a 4.4% spike in gasoline prices, driving over 40% of monthly CPI gains. Food prices rose 0.3% in December, with cereals and bakery products jumping 1.2 ...

December CPI was softer than expected, with headline CPI up 0.4% and core CPI up 0.2%, leading to YoY rates of 2.9% and 3.3%, respectively. Stock market futures surged, with the Dow up 600 points ...