US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation remained on a downward trend after progress had stalled in recent months.
US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
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US wholesale inflation accelerated in November in sign that some price pressures remain elevatedInflation in consumer prices has plummeted from a four-decade high 9.1% in June 2022. Yet despite having reached relatively low levels, it has so far remained persistently above the Fed’s 2% target.
Bank of Japan data showed wholesale prices in Japan rose 3.8% in December last year compared to a year earlier, adding to ...
India's wholesale price inflation increased to 2.4% in December from 1.9% in November. This rise was due to higher costs of ...
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
KUALA LUMPUR : The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a ...
The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting ...
Wholesale-level inflation heated up further to close out 2024, a sign that price pressures are building at a time when President-elect Donald Trump threatens to unleash a substantial array of tariffs.
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Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months ...
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