Trademagazin > News and articles > Market News > Inflation in the United States was higher than expected in December
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
The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >Márton Nagy: inflation remains at a low level
In accordance with preliminary government indications, inflation remained at a…
Read more >Inflation increased moderately in October in the Czech Republic
Inflation in the Czech Republic increased by 0.3 percent from…
Read more >
More related news >
Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >