
The US Inflation Drop Could Have Been Temporary
The US Inflation Drop Could Have Been Temporary. If economists' forecasts for Tuesday's consumer price index are correct, the recent rise in US inflation will likely end in January. CPI is expected to rise 0.5% in December, which is the highest increase in three months. Core rate, which excludes food and energy, is 0.4% for the second consecutive month, after two readings below 0.3%. Key Inflation Gauges to Follow Firm Gains This would be the end of a string of disappointing developments in inflation: The largest increase in used car prices since 2021 Since the beginning of the year, gasoline…