The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...

Germany has struggled with rising prices due to the impacts of the COVID-19 pandemic and Russia's invasion of Ukraine. The ...

In the 12 months ending in November, inflation rose for the second consecutive month. The Fed recently scaled back its expectations for interest rate cuts in 2025 owing to persistent inflationary ...

Here are the key points: Inflation picked up in December, as gas prices rose sharply, though price gains for other goods were more muted. Annual inflation was 2.9%, in line with expectations and ...

Inflation rose in December to its highest level since July with much of the increase driven by increasing energy and food prices. The Labor Department released the consumer price index (CPI ...

Energy prices fell by 1.7% compared with the previous year, while food prices rose 2% year-on-year in December, data from the statistics office showed. Core inflation excluding food and energy ...

Inflation rose again in December as stubbornly high prices continued to strain consumers' finances ahead of the Federal Reserve's next decision on interest rates. The Labor Department on Wednesday ...