The Consumer Price Index is the chief benchmark economists use to measure inflation. The U.S. Bureau of Labor Statistics calculates the CPI each month by collecting information on the price of ...

Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...

measures changes in the price of consumer goods and services, from food and housing to medical care and transportation. This index is primarily used to determine current inflation and predict how ...

The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...

Inflation rose in each of the last three months of the year with rising energy prices driving the uptick in December.

Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...

The largest price rises were alcohol and tobacco, along with recreation and culture, while housing and transport offset the ...

Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price ...