The Labor Department released the inflation report for December which showed prices were up 2.9% from a year ago, in line ...

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.

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.

The closely scrutinized monthly consumer-price index is out. Here are the key points: Inflation picked up in December, as gas prices rose sharply, though price gains for other goods were more muted.

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 ...

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 ...

Prior to December's print, core CPI had been stuck at a 3.3% annual gain for the past four months. It was the first time since July that year-over-year core CPI saw a deceleration in price growth.

The core CPI is settling at 3.5%, and the December core CPI could extend the 0.3% MoM streak to five months. Rising gasoline prices could continue to boost the headline CPI inflation. The selloff ...

Inflation accelerated in December for the third straight month. The consumer price index rose by 2.9% year over year, matching the consensus expectation. The Federal Reserve is expected not to cut ...

The closely watched U.S. December CPI report comes out on Wednesday morning. Headline annual inflation is seen rising by 2.9% and core CPI is forecast to increase by 3.3%. A hot CPI print would ...

On a "core" basis, which strips out the more volatile costs of food and gas, the December Consumer Price Index (CPI) climbed 0.2% over the prior month, a deceleration from November's 0.3% monthly ...