Arrr! Inflation be risin' by 2.9% in December, just as the crystal ball foretold, savvy?
2025-01-15
Arrr, matey! In the month of December, those core prices—ye know, the ones that don’t count the rum and grub—rose a wee 0.2%, same as we expected. Compared to last year, they be up 3.2%. Meanwhile, the whole treasure chest of prices plundered a 0.4% rise! Avast!
Ahoy mateys! Gather 'round as I regale ye with the latest tidings from the treacherous seas of the economy! In the month of December, the so-called core prices, those crafty numbers that shun the wild fluctuations of grub and grog, found themselves adrift, risin' by a modest 0.2%—just as the wise men foretold. Aye, this be a wee bit lower than the 0.3% rise of the month prior, lettin' us know the treasure ain't growin' too fast!Now, let us speak of the consumer price index, or CPI, the compass that guides our spending ships! It be up 0.4% monthly and up 2.9% compared to the same time last year, which be a tad less than we expected. In November, it had a bit more gusto, comin' in at 3.3%—but fear not, me hearties, for the winds of price growth be steadying.
So, keep yer eyes on the horizon and yer doubloons close, for the treasure of price stability be within our grasp! Aye, the seas be calm for now, but watch out for them pesky inflation pirates lurkin' about!