CPI Report Core Price Growth Slows and Inflation Increases A Little

Stay tuned for live updates and in-depth analysis of December's economic data.

Last updated: January 15, 2025, at 9:20 AM EST.

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Consumer Price Index Data for December Key Highlights

• Year-over-Year (YoY): Consumer prices rose 2.9%, slightly above the 2.8% forecast.
• Month-over-Month (MoM): Prices increased 0.4%, exceeding the 0.3% expectation.
• Core YoY (Excluding Food & Energy): Up 3.2%, slightly below the anticipated 3.3%.
• Core MoM: Increased 0.2%, missing the 0.3% projection.

Market Reaction: Stock futures climbed while bond yields declined.
Federal Reserve Impact: Rising expectations of multiple interest-rate cuts in 2025.