US Inflation Climbs More Than Expected in December to 3.4%
US inflation in December 2023 surpassed forecasts, mainly driven by escalating housing prices, according to the Labor Department’s CPI report. The Department’s CPI, a critical measure of inflation, rose by 3.4% in December compared to the same month in the previous year, exceeding November’s figure. From November to December, the CPI saw a 0.3% monthly […]