Reported about 8 hours ago
In December, core inflation, which excludes volatile food and energy prices, showed a decrease, falling below economists' expectations according to the latest Consumer Price Index data. This cooling trend raises questions about the broader disinflation trajectory, especially as overall CPI met forecasts. Analysts suggest keeping an eye on service costs and auto prices, which have remained unexpectedly strong, indicating potential shifts in the inflation landscape.
Source: YAHOO