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As on: Jan 24, 2019 02:14 PM
Economic Buzz: US Consumer Prices Edge Marginally Lower In December
12-Jan-19   09:33 Hrs IST
US consumer prices edged slightly lower in the month of December, according to a report released by the Labor Department on Friday, with the modest decrease largely reflecting a steep drop in gasoline prices. The Labor Department said its consumer price index slipped by 0.1 percent in December after coming in unchanged in November. Excluding food and energy prices, the core consumer price index rose by 0.2 percent in December.

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