International Economic

Gasoline pushes US inflation higher in December, core CPI undershoots

By Alexander Bueso

Date: Wednesday 15 Jan 2025

(Sharecast News) - The cost of living in the US rose more quickly than expected at the tail end of 2024 as energy prices spiked higher.
Core inflation however undershot economists' forecasts.

According to the Department of Labor, the headline Consumer Price Index rose at a month-on-month pace of 0.4%,...

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