Last month's CPI was forecast to come in at 2.8%, according to economists surveyed by financial data firm FactSet. The Consumer Price Index, a basket of goods and services typically bought by ...

However, there are certain limitations in using WPI as a measure for inflation, as it does not consider the price of services, and it does not reflect the consumer price situation in the country.

Bitcoin is approaching the $100K threshold as the crypto market saw a resurgence after the release of the US December CPI data. Inflation met expectations in December, rising 2.9%, while Core CPI ...

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 ...

The December Consumer Price Index report showed an acceleration in year-on-year total CPI inflation to 2.9%, the highest rate since July 2024. Meanwhile, core CPI remained sticky and elevated but ...

The headline increase in consumer prices in December was not all that good: A 0.4% increase spearheaded by household staples such as food and gas. The cost of food rose 0.3% last month due to ...

Inflation rose again in December as stubbornly high prices continued to strain consumers' finances ahead of the Federal Reserve's next decision on interest rates. The Labor Department on Wednesday ...

“The swift depreciation in Rupee is likely to translate into imported inflation, with immediate impact on WPI in comparison to CPI inflation. This is largely because of WPI basket ...

Investing.com - The U.S. dollar fell Thursday, as traders weighed up the competing factors of benign U.S. inflation yet a more hawkish Federal Reserve. At 04:25 ET (08:25 GMT), the Dollar Index ...

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% ...

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.

A jump in energy and food prices hit the US last month, as progress stabilising prices remained elusive. On average, prices in December were up 2.9% compared with a year earlier, up from 2.7% in ...