with the gasoline index rising 4.4% and accounting for most of the inflation for the period. The Consumer Price Index (CPI) by the U.S. Bureau of Labor Statistics measures changes in the price ...

They're up 37% since December 2023. Inflation for gasoline jumped, too: Prices increased 4.4% from November to December, according to CPI data. Consumers may not be seeing that in the real world ...

The more encouraging core inflation reading was largely because last month’s higher prices were mostly concentrated in energy, as the index’s measure of average gasoline prices rose 4.4% month ...

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 ...

December's rise in prices accounted for more than 40% of the monthly increase in headline inflation. A big reason for energy's increase was gasoline prices, which popped more than 4% for the month ...