Subscribe / Renew |
|
Contact Us |
|
► Subscribe to our Free Weekly Newsletter |
home | Welcome, sign in or click here to subscribe. | login |
January 15, 2020
WASHINGTON (AP) — Rising energy costs drove U.S. consumer prices higher in December, and American workers' earnings couldn't keep up.
The Labor Department said Tuesday that its consumer price index rose 0.2% last month, lifted by a 2.8% increase in gasoline prices. Over the past year, consumer inflation is up 2.3%. Excluding volatile food and energy prices, so-called core consumer inflation rose just 0.1% in December and 2.3% over the past year.
. . .