Inflation Rises in 2024

This is a news story, published by MSN, that relates primarily to the Labor Department news.

News about inflation

For more inflation news, you can click here:

more inflation news

MSN news

For more news from MSN, you can click here:

more news from MSN

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about inflation, you might also like this article about

inflation data

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest core inflation figures news, core prices news, news about inflation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

Inflation

Washington Post

•

Business

Business & Economics

Inflation heated up in December, as prices continue to weigh on Americans

Summary

Nutrition label

83% Informative

Consumer price index increased by 2.9 percent in December from a year earlier , the Labor Department reported Wednesday .

That was the largest increase since March , driven by a rise in energy prices, particularly for gas, which rose 4.4 percent from November .

Stocks and bonds rallied after the better-than-expected core inflation figures, with the yield on 10-year Treasury bonds trending lower to 4.7 percent .

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful