“Inflation increases more than expected in December”
January 17, 2024
“…The December Consumer Price Index (CPI) showed pricesticked up slightly at 0.3% over last month, an increase from the 0.2% seen in November. Prices rose 3.4% over the prior year, an increase from the3.1% increase seen the month prior...
When removing the volatile food and energy categories, “core” inflation fell to an annual rate of 3.9% from 4.0% the month prior. Economists surveyed by Bloomberg had expected core inflation of 3.8%. On a monthly basis, core inflation was 0.3%, up unchanged from the month prior…”
https://finance.yahoo.com/news/inflation-increases-more-than-expected-in-december-090804023.html
Notice how the things that keep people alive, food and energy, don’t matter. They are not part of the “core” inflation. It’s amazing how people lie so much. Food and energy are the most important.