Over the last 12 months, the all-items index increased 2.9% before seasonal adjustment. The index for energy rose 2.6% in December, accounting for over 40% of the monthly all-items increase.
The trade deficit narrowed to $21.94 in December month-on-month compared to $32 billion in November as gold imports halved to $4.7 billion. In November 2024, gold imports had surged 186% year-on ...
On a "core" basis, which strips out the more volatile costs of food and gas, the December Consumer Price Index (CPI) climbed 0.2% over the prior month, a deceleration from November's 0.3% monthly ...
Inflation accelerated for a third straight month in December on rising food and energy costs, reaching a five-month high and underscoring that an encouraging slowdown in price increases last ...