Canada's inflation rate eased a tad in December, according to Statistics Canada. The Consumer Price Index (CPI), which tracks the cost of goods and services, climbed 1.8% compared to last year.

According to a press statement on Monday by the agency’s Director of Communication and Public Relations, Sunday Ichedi, the rebased CPI, which will be unveiled at the end of January 2025 ...

December US CPI rose 0.4% MoM and 2.9% YoY, with core CPI showing a cooler 0.2% MoM and 3.2% YoY, signaling easing price pressures. Energy prices surged, driving the fastest monthly CPI increase ...

For the record, headline December CPI increased 0.4% month over month – a slight increase over the 0.3% rate seen in each of the previous four months – to match economists' expectations.

Year-over-year core CPI (which excludes volatile food and energy costs) rose 3.2%, below the November rate of 3.3%. The CPI increased 0.4% month over month in December after rising 0.3% in November.

The closely-watched Consumer Price Index (CPI) increased 0.4% in December, slightly higher than analyst consensus and the previous month's 0.3%. On a year-over-year basis, CPI was up 2.9% ...

In the 12 months through December, the CPI advanced 2.9% after increasing 2.7% in November. Estimates of economists polled by Reuters called for a monthly increase of 0.3% and 2.9% on a year-on ...