The Consumer Price Index (CPI)

The Consumer Price Index (CPI), which measures inflation on the consumer level, was reported at -0.1% for the month of December against expectations of no change, and decreased by 0.6% to 6.5% year over year, matching the estimate. The Core CPI Rate, which strips out food and energy prices, increased by 0.3% for the month and decreased by 0.3% to 5.7% year over year, in line with expectations.

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