While inflation has cooled since 2022, the CPI rose 2.9% from Dec. 2023 to Dec. 2024. Not all prices rise at the same rate – some sectors of the economy are seeing minimal inflation or even ...

This index is primarily used to determine current inflation and predict how prices might change in the near future. According to the Labor Department’s most recent report, CPI in December was 2. ...

Selcuk Acar / Anadolu / Getty Images Inflation has cooled considerably since peaking in June 2022, but the annual rate remains above the Federal Reserve's goal of 2%. Fed officials and economists ...

SINGAPORE: Singapore's core inflation fell to 1.8 per cent year-on-year in December from 1.9 per cent in November. The drop was due to a moderation in services inflation, the Monetary Authority ...

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. It's no secret that everything from groceries and gas, to airline tickets and rent is more expensive ...

It is used to measure inflation and indicates the cost of living for consumers. CPI is calculated by selecting a basket of goods and services that represent typical consumer purchases and tracking ...

Two Federal Reserve officials on Saturday emphasized the US central bank must finish off its fight against the post-pandemic price surge and reach its 2% inflation target. Despite significant ...

The consumer price index, which is widely used to measure inflation, rose by 2.9% year over year in December. This is the third consecutive month where inflation has gone up, which means continued ...

From a purely economic standpoint, 2024 wasn’t too shabby a year for inflation. (Although the carton of eggs would like to disagree). The prices of everyday goods and services were up 2.5% from ...

Simply sign up to the Global Economy myFT Digest -- delivered directly to your inbox. Central banks around the world are expected to lower borrowing costs as global inflation eases from the multi ...

But what economists call “soft landings” – when an economy slows just enough to curb inflation, but not enough to cause a recession – are only soft until they aren’t. As we turn to 2025 ...

ABUJA, Jan 20 (Reuters) - Nigeria plans to rebase its gross domestic product and inflation data by the end of the month to capture changes in certain sectors of the economy and to reflect current ...