US: Prices at the Pump Lifted Headline Inflation in December, While Core Inflation Remained Subdued

<p>Consumer prices rose 0.4% month/month in December, right on expectations. Total CPI was up 1.4% year-on-year in December, up slightly from November. Headline inflation was lifted by an 8.4% month/month increase in gasoline prices. Food prices also rose 0.4% on the month, and are up 3.9% versus a year ago. Core inflation was more benign, […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/353173-us-prices-at-the-pump-lifted-headline-inflation-in-december-while-core-inflation-remained-subdued/">US: Prices at the Pump Lifted Headline Inflation in December, While Core Inflation Remained Subdued</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>