Focus
consumer price index (CPI)
US Economic Growth Revised Downward, Inflation Adjusted Upward in 2nd GDP Estimate
Consumer and state and local government spending were revised higher in the fourth quarter.
Wages Top Inflation for First Time in 3 Years
Average full time workers saw an increase across the board of 4.2 percent for the year.
Tobacco and Alcohol Prices Push Inflation Up to 4 Percent in December
The rise of the Consumer Prices Index to 4 percent in December comes after an unexpected drop to 3.9 percent the month before.
Surprise Surge in CPI Poses Challenge to Fed’s Inflation Fight
Shelter and motor vehicle insurance see a bump in the CPI data.
Inflation Slows in October to 3.2 Percent
The consumer price index was flat in October, supporting the case for cuts to interest rates next year.
CPI Numbers Reveal Inflation Cooled in November, but Consumer Prices Still Remain Significantly High
