Key Facts
- ✓ Core consumer prices rose 0.2% on a monthly basis
- ✓ Core consumer prices rose 2.6% annually
- ✓ Data excludes volatile food and energy prices
- ✓ Figures are seasonally adjusted
Quick Summary
The consumer price index showed a seasonally adjusted increase of 0.2% on a monthly basis in December. This rise occurred when excluding volatile food and energy prices.
Annually, the core index rose by 2.6%. These metrics provide a clear view of inflation trends by removing the most fluctuating sectors from the calculation.
December Core Inflation Metrics 📈
The consumer price index recorded a seasonally adjusted gain of 0.2% on a monthly basis for December. This measurement specifically excludes volatile food and energy prices to provide a clearer view of underlying inflation trends.
Annually, the core index rose by 2.6%. These figures are critical for analyzing the stability of prices across the broader economy.
Understanding Core CPI
Core CPI serves as a vital economic indicator. By removing food and energy prices, analysts aim to identify the longer-term inflation trends in the economy.
The seasonally adjusted figures account for predictable seasonal variations, offering a consistent view of price changes over time.
Key Metrics Breakdown
The data highlights two primary measurements for the period:
- Monthly Change: A 0.2% increase
- Annual Change: A 2.6% increase
These metrics are essential for understanding the current economic climate.
Economic Context
The 2.6% annual rate provides a snapshot of inflation over the past year. This figure is a key data point for economic analysis.
Monitoring the consumer price index helps in understanding the purchasing power of currency and the cost of living.
Conclusion
In summary, the core consumer price index rose by 0.2% monthly and 2.6% annually in December. These figures reflect the price movements excluding food and energy.
Continued observation of these metrics will provide further insight into the economic trajectory.
