The US Bureau of Labor Statistics (BLS) reported core inflation to have cooled in December, the first easing since July 2024. While the Consumer Price Index (CPI) saw prices come in line with estimates, core CPI — which excludes food and energy costs — rose just 0.2% from the previous month and 3.2% year-over-year, below expectations.
Wealth host Brad Smith is joined by Yahoo Finance senior report Alexandra Canal to discuss a variety of price trends seen in the latest CPI print, including increases in gas prices, elevated shelter and housing costs, food and groceries, and even airfare costs.
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This post was written by Josh Lynch
