American flag 3 (Credits: Unsplash – Ben White)
(AOF) – The American consumer price index increased by 2.9% in December, at an annual rate, in line with expectations, after 2.7% in November. The monthly increase is 0.4%, in line with the consensus after an increase of 0.3% the previous month. Core inflation, a measure monitored by the Fed, rose to 3.2% on an annual basis, against a consensus of 3.3%, and at 0.2% on a monthly basis, against 0.3% expected.
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