US CPI inflation falls again

inflation

Consumer price index (CPI) inflation in the US fell to 6.5% year on year in December, down from its November reading of 7.1%.

This is the sixth consecutive decline in the CPI reading since its June 2022 peak of 9.1%.

The Bureau of Labor Statistics reported that core inflation fell to 5.7%, down from 6% in November. Month on month, headline inflation fell but core inflation increased, mainly due to rising housing-related costs.

The BLS said falling energy prices contributed most to the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.