Buying produce in season is another great way to save money. Seasonal fruits and vegetables are often priced lower due to their abundance. For instance, berries are more affordable in the summer, while root vegetables like sweet potatoes and squash tend to be less expensive in the fall.
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The consumer price index (CPI) rose 0.4 percent in the final month of 2024 and ended the year up 2.
Inflation ticked up in December while core growth slowed. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year-over-year, right in line ...
Released on Friday, the university’s consumer sentiment index fell in January to 71.1 from an upwardly revised 74 last month. “Consumer sentiment fell for the first time in si
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This compares with a recent peak of 11.8% observed in January and February 2023. On a monthly basis, prices rose by 0.4% in December 2024, compared with a rise of 0.3% a year ago.
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept up with higher prices.
There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest rates restrictively high for longer.
Japan's annual rate of consumer price inflation accelerated to 3.0 percent in December from 2.7 percent the month before, government data showed Friday.
For 2024, core inflation averaged 2.7%, pulling back sharply from the 4.2% rate seen in 2023. The headline measure came in at 2.4% versus 4.8% in 2023, suggesting that policymakers' efforts to tame price pressures have been a success.
Sri Lanka’s consumer price inflation dropped to minus 2 percent year-on-year in December after easing to minus 1.7 percent in November, official data showed on Tuesday, as the country posted a strong rebound from its worst financial crisis in decades.