Consumer Price Index: Inflation Ticks Up To 2.9% In December

CPI, consumer price index concept. Wooden block with CPI word and stack of coins and increasing graph with shopping cart icon. Goods price inflation and inflation rising. Impact on economic growth

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By Jennifer Nash

Inflation ticked up in December while core growth slowed. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year-over-year, right in line with economist expectations.

Additionally, core

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