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Economy

“U.S. Core Consumer Inflation Tops Projections in Broad Gain”

“The core consumer price index, which excludes food and energy, rose 0.3% from the prior month, the most since January 2018, and 2.1% from a year earlier, Labor Department data showed Thursday. Both figures exceeded estimates. The broader CPI climbed 0.1%, also more than projected, and 1.6% annually.

The report showed broad monthly gains in the core categories, including pickups in costs for shelter, used vehicles, clothing, and home furnishings and operations…”

https://finance.yahoo.com/news/u-core-consumer-inflation-tops-123002157.html

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