US Core Consumer Prices and Inflation Rates in December 2023
The US core consumer prices, excluding volatile elements like food and energy, exhibited a 0.3% month-on-month increase in December 2023, aligning with both the November figures and market expectations. This stable trajectory reflects the resilience of the economy. Over the years, the Core Inflation Rate MoM in the United States has averaged 0.30 percent, with the highest recorded at 1.42 percent in March 1980 and the lowest at -0.49 percent in April 2020.