Consumer price inflation, UK: December 2024
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This compares with a recent peak of 11.8% observed in January and February 2023. On a monthly basis, prices rose by 0.4% in December 2024, compared with a rise of 0.3% a year ago.
Inflation heated up in December, as prices continue to weigh on Americans
Inflation picked up in late 2024, fueled by an increase in gas prices, the latest sign of stalled improvement on lowering prices as President-elect Donald Trump prepares to take office. The consumer price index increased by 2.
US consumer prices rise in December, but underlying inflation slowing
U.S. inflation data out Wednesday showed consumer prices ticked up more than expected in December amid higher gas prices. The Labor Department's consumer price index rose 0.4% last month, slightly more than economists polled by Reuters had expected,
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The latest data has raised expectations that the Bank of England could cut UK interest rates again next month.
The ONS reported that the core CPI, excluding energy, food, alcohol and tobacco, rose by 3.2 per cent in December, down from ...
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UK inflation dips, easing some pressure on governmentBritain's annual inflation rate unexpectedly fell to 2.5 percent last month, official data showed Wednesday, easing some ...
Explore the GBP/USD forecast after the UK consumer price index (CPI) data and as the US prepares to publish its report.
EUR/USD keeps its range near 1.0300 in the European trading hours on Wednesday. The pair treads water amid a tepid risk ...
UK consumer price inflation moderated unexpectedly in December, the Office for National Statistics said on Wednesday. The consumer ...
The consumer price index (CPI) went up from 2.3 pert cent to 2.6 per cent, in line with City forecasts but ahead of the Bank of England’s two per cent target. According to the ONS, which ...
The ONS reported that the core CPI, excluding energy, food, alcohol and tobacco, rose by 3.2 percent in December, down from 3.5 percent in November. The CPI goods annual rate rose from 0.4 percent to ...
The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by ...
The closely scrutinized monthly consumer-price index is due at 8:30 a.m. ET. Here are some key points to know ahead of the ...
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