{"id":39833,"date":"2021-01-13T19:38:34","date_gmt":"2021-01-13T15:38:34","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=39833"},"modified":"2021-01-13T19:38:39","modified_gmt":"2021-01-13T15:38:39","slug":"u-s-consumer-prices-rise-0-4-in-december","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/u-s-consumer-prices-rise-0-4-in-december\/01\/13\/market-updates\/","title":{"rendered":"U.S. Consumer Prices Rise 0.4% in December"},"content":{"rendered":"\n<p>Consumer prices in the United States rose in December on the back of a surge in gasoline prices, data showed on Wednesday.<\/p>\n\n\n\n<p>The official reading of the consumer price index (CPI) showed an increase of 0.4% in December, following a 0.2% rise in November, according to data by the U.S. Department of Labor.<\/p>\n\n\n\n<p>This followed an 8.4% increase in gasoline prices, which represented around 60% of the increase in consumer prices last month.<\/p>\n\n\n\n<p>On an annual basis, the inflation rate increased by 1.4% last month, following a rise of 1.2% in November of last year.<\/p>\n\n\n\n<p>The readings comes in line with market experts expectations.<\/p>\n\n\n\n<p>The core CPI leveled up by 0.1%, after rising by 0.2% in November.<\/p>\n\n\n\n<p>Core CPI also advanced by 1.6% on an annual basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consumer prices in the United States rose in December on the back of a surge in gasoline prices, data showed on Wednesday. The official reading of the consumer price index (CPI) showed an increase of 0.4% in December, following a 0.2% rise in November, according to data by the U.S. Department of Labor. This followed &hellip;<\/p>\n","protected":false},"author":10,"featured_media":33332,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6978,6858],"class_list":["post-39833","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-cpi","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=39833"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39833\/revisions"}],"predecessor-version":[{"id":39834,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39833\/revisions\/39834"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/33332"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=39833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=39833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=39833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}