ZeroHedge: Core Consumer Prices Hit New Record High – Up For 50th Straight Month The latest Consumer Price Index (CPI) report shows a mixed picture of inflation in the United States. While headline CPI rose 0.2% month-over-month as expected, bringing the year-over-year rate down to 2.9%, core CPI (excluding food and energy) also increased by 0.2% month-over-month, with its annual rate slowing to 3.2%. Despite these modest improvements, core consumer prices have now risen for 50 consecutive months, reaching a new record high. The data suggests that while overall inflation is moderating, underlying price pressures persist, particularly in core goods where deflation appears to have stalled. This presents a complex scenario for policymakers as they navigate between controlling inflation and supporting economic growth. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts "You're Going To See Something More Devastating Than 2000 or 2008" – Mike Maloney READ MORE Gold Prices Decline as Investors Cash In Amid Fed Rate Cut Uncertainty READ MORE Record High Industrial Demand for Silver Anticipated in 2023 READ MORE Vietnam Sees Stores Packed with Gold Traders READ MORE Currency Watch: Dollar Rises, Eyes Set on Upcoming U.S. Inflation Insights READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment