16 Jan 2014
US: Consumer Price Index rises 0.3% in December
FXstreet.com (Córdoba) - US consumer prices rose 0.3% in December, the US Labor Department reported Thursday, matching market's expectations and following a flat reading the previous month.
However, the Consumer Price Index grew 1.5% in the 12 months to December, also matching forecast and higher than November's 1.2% rise.
Core CPI, which strips food and energy costs, rose 1.7% over the last twelve months and 0.1% MoM in line with expectations.
However, the Consumer Price Index grew 1.5% in the 12 months to December, also matching forecast and higher than November's 1.2% rise.
Core CPI, which strips food and energy costs, rose 1.7% over the last twelve months and 0.1% MoM in line with expectations.