Inflation in the United States was higher than expected in December
In December, the annual rate of increase in consumer prices in the United States was higher than expected, but last year’s full-year average price increase was lower than in 2019, the lowest in five years and lower than the ten-year average – according to the report of Bureau of Labor Statistics, published on Wednesday.
In December, consumer prices increased by 0.4 percent, in line with market expectations, seasonally adjusted, following a monthly increase of 0.2 percent in November. (MTI)
Related news
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >
Bank360: The government will introduce automatic inflation-tracking tax increases
The government is introducing automatic tax increases for several taxes.…
Read more >
Butter thefts continue as a result of price increases
The Russian economy faces serious challenges as inflation accelerates and…
Read more >
More related news >
Related news
It is worth choosing domestic poultry for St. Martin’s Day
This year too, goose steak cannot be missing from the…
Read more >
Before St. Martin’s Day: can we expect an increase in prices for geese and ducks?
On November 11, St. Martin’s Day, it is customary to…
Read more >
Extraordinary consumer protection inspections are being launched at food courier companies
The Ministry of National Economy, which is responsible for consumer…
Read more >
