January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.

As traders approach another pivotal day for financial markets, Wednesday, February 12, 2025, brings a series of crucial economic data releases and decisions that could sway market dynamics. The ...

Core CPI, or prices excluding the volatile energy ... Prices in December accelerated due to higher gasoline prices, which rose 4.4% from the prior month, as well as food and housing, according ...

Core CPI year over year is forecast to rise 3.3% in December after rising by the same amount in November. Gas and Food Prices to Fuel December CPI Rise For December, Nationwide chief economist ...

The CPI gas metric was 3.4% lower last month than it ... indicative of sustained higher prices in the U.S.. “Progress on inflation should stall this year given our expected changes to trade ...

The overall consumer-price index came in relatively hot, rising 2.9% over the year, the Labor Department said Wednesday. The index rose 0.4% from the previous month, driven by a 4.4% jump in gas ...

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 ...

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 ...

Within the components that make up the energy index, higher gasoline prices were a big factor. Gasoline prices increased 4.4% over the month. The national average for a tank of gas ticked up ...

Changes in the CPI over time are used to estimate the rate of inflation. The consumer price index is essentially ... cans of black beans or gallons of gas). The average for each category is ...

Rising energy prices accounted for more than 40% of the total increase in the CPI, according to the BLS, and gasoline prices increased 4.4% in December. For much of the second half of 2024 ...