U.S. inflation still picked up in December 2023 driven by higher energy cost, housing prices
Category
🗞
NewsTranscript
00:00 Higher energy cost and housing prices proved to be the main drivers as U.S. inflation picked up anew in December 2023.
00:08 Such developments experts see as a sign the Federal Reserve's drive to decelerate inflation to 2 percent may not be as easy as it seemed.
00:18 A report from the Labor Department showed overall prices have risen to 0.3 percent from November and 3.4 percent the 12 months prior.