U.S. CPI increased by 0.4% in December 2024
Michael Phang2025-01-15T09:01:46-05:00January 15, 2025 The U.S. Bureau of Labor Statistics announced that the Consumer Price Index for All Urban Consumers (CPI-U) rose by 0.4% on a seasonally adjusted basis in December, following a 0.3% increase in November. Over the past 12 months, the all items index surged by 2.9% before seasonal adjustment. In December, the energy