The report highlighted that food and non-alcoholic beverages accounted for the largest share of the inflationary pressure, ...
Shelter costs were 4.6% higher in December than a year earlier, and they account for more than a third of the consumer price ...
The consumer price index rose 2.9% in December from a year ago, Wednesday’s report from the Labor Department showed, up from 2.7% in November.
The dollar fell against a basket of currencies after CPI data showed December inflation was in line with expectations.
The increase in the consumer price index for the 25-county region that includes Long Island was fueled in part by the cost of natural gas, electricity and housing.
A benign reading from the Consumer Price Index report assuaged market fears about the path of borrowing costs.
Citing atmospheric data in a company report he authored as Liberty’s chief executive last year, Wright acknowledged that “climate change is significant,” but warned that “prioritizing” the issue over ...