US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.
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,
Florida gas prices rose from last week
Nat-Gas Prices Edge Higher
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Usually higher oil prices lead to a surge in oil stocks, but they have been ho-hum investments in recent weeks. Gas prices ...
Commissions do not affect our editors' opinions or evaluations. Today’s average price of gas in the U.S. is $3.07 per gallon, unchanged from yesterday and last week and up $0.04 from last month.
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