U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods were more muted.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The consumer price index increased a seasonally adjusted 0.4% on the month, putting the 12-month inflation rate at 2.9%. The ...
U.S. inflation picked up in December as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed ...