According to the report of the Bureau of statistics of the U.S. Department of labor, the consumer price index in the USA (CPI) in December rose by 0.1% compared with the previous month.
Analysts had expected the index to increase by 0.1% after increasing 0.4% a month earlier.
By the end of 2017, consumer price inflation in the U.S. rose by 2.1% in 2016.
The base consumer price index (core CPI), which accounts for the excluded prices of food and energy prices, in December rose by 0.3% compared with the previous month. Analysts had expected the index to increase 0.2%.
By the end of 2017 core consumer inflation in the U.S. rose by 1.8% – slowing compared to +2.2% in 2016.
The average real hourly wage in the U.S. in December increased by 0.2% compared to previous month seasonally adjusted, after falling 0.3% in November. In annual terms, hourly wages rose 0.4%.