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Core inflation rate slows to 3.2% in December, less than expected

15 January 2025
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Core inflation rate slows to 3.2% in December, less than expected
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Prices for goods and services increased by 0.4% in December, resulting in a 2.9% inflation rate for the year, according to the Bureau of Labor Statistics. Economists had predicted a 0.3% rise in prices, but the actual figure matched their expectations. The data showed some improvement in inflation, particularly in the housing sector, as 2024 came to a close.

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Tags: Breaking newsBreaking News: EconomyBreaking News: Marketsbusiness newsConsumer pricescoreDecemberEconomyExpectedInflationMarketsrateSlows
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