Inflation rises 2.9% in December, in line with expectations

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2025-01-15 16:00:09

So-called core prices, which exclude more volatile measurements of gasoline and food to better assess price growth trends, were up 0.2% on a monthly basis in December, in line with expectations and down from 0.3% the prior month. Core prices were up 3.2% in December compared with a year ago, slightly cooler than expected and down from 3.3% in November. The consumer price index (CPI) rose 0.4% on a monthly basis and was up 2.9% from a year ago in December. (Justin Sullivan/Getty Images...

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