Inflation ticked up in Dec., CPI report shows
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The consumer price index was unchanged in December, and the inflation rate for some consumer staples like food and electricity remains elevated.
By looking at the inflation rate each year, you can gain insight into how prices changed and how events around the globe impacted the average U.S. consumer.
Inflation cooled for a second straight month in December as the headline figure for the Consumer Price Index came in at 2.68% year-over-year.
The price of groceries, medical care and clothes are helping keep the annual regional inflation rate up. While the pace of price increases has slowed, overall inflation remained elevated in December.
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Gold prices are holding above $4,600 as soft U.S. inflation data, rising geopolitical tensions, and bullish technical patterns support a continued rally toward $5,000 for gold and a potential breakout above $100 for silver.
The consumer price index rose 2.9% on an annual basis in August 2025, the fastest pace of inflation since January. Tariffs levied by President Donald Trump seem to be putting upward pressure on inflation for goods like clothing and furniture, economists said.
The annual inflation rate ticked higher in June, in line with expectations, as lower prices at the gasoline pump somewhat offset higher prices at the grocery store. Economists said they expect the full impact from the Trump administration's tariff agenda ...