US CPI rises to 3.4%, CPI core down to 3.9%, both above expectations

In December, US CPI rose 0.3% mom, up from prior month’s 0.1% mom, above expectation of 0.2% mom. CPI core (all items less food and energy) rose 0.3% mom, unchanged from prior month’s, above expectation of 0.2% mom. Energy index rose 0.4% mom while food index rose 0.2% mom. For the 12 months period, CPI […]

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