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  1. 2.9%
    • According to 3 sources
    The consumer price index, an inflation measure, increased 2.9% over the year this past December. That matches the forecast increase and is above November's year-over-year increase of 2.7%. While the 2.9% is the highest rate since July, it falls short of the roughly 3.1% in January 2024.
    Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases. Last month's CPI was forecast to come in at 2.8%, according to economists surveyed by financial data firm FactSet.
    The overall CPI rose 0.4% on the month, above 0.3% forecasts. That lifted the 12-month headline inflation rate to 2.9%, which matched expectations. The core CPI rose 0.2%, as expected. However, the 12-month core inflation rate unexpectedly dipped to 3.2% from 3.3%.
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  9. Inflation, consumer prices for the United States - St.

    Sep 19, 2024 · Graph and download economic data for Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2023 about consumer, CPI, inflation, price index, indexes, price, and USA.

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