Consumer Price Index Rose in December

The Bureau of Labor Statistics (BLS) reported the Consumer Price Index (CPI) rose in December. Both headline inflation and core inflation rose. The CPI rose at a seasonally adjusted annual rate of 3.4% in December, following a 2.4% increase in November. Excluding the volatile food and energy components, “core” CPI increased at a seasonally adjusted annual rate of 2.8%, faster… Read More ›

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