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The Personal Consumption Expenditures price index rose 2.6% in December from the year before, heating up from November’s 2.4% increase, according to new Commerce Department data released Friday.

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The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time. In other ...

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Canada's inflation rate eased a tad in December, according to Statistics Canada. The Consumer Price Index (CPI), which tracks the cost of goods and services, climbed 1.8% compared to last year.

The prices included in the Consumer Price Index include all excise and other taxes paid by consumers, and as a result any tax break brings down the prices recorded by Statistics Canada.