US Core CPI Rises Less Than Forecast in December at 0.2%

The video discusses the Consumer Price Index (CPI) changes for December, noting a slight increase compared to November. The year-over-year CPI is at 2.9%, with the core CPI showing a minor decrease, which is favorable for the Federal Reserve. Key price changes include a rise in gasoline, new and used vehicles, and apparel. The video also highlights the increase in owners equivalent rent, indicating potential challenges in the housing market.

What was the month-over-month increase in the Consumer Price Index (CPI) for December?

• 0.2%

• 0.5%

• 0.3%

• 0.4%

How did the core inflation rate change on a year-over-year basis?

• It increased to 3.4%

• It increased to 3.3%

• It decreased to 3.2%

• It remained at 3.3%

Which sector saw a 4.4% increase in prices?

• Apparel

• New vehicles

• Used cars

• Gasoline

What was the percentage increase in used car prices?

• 1.5%

• 2.0%

• 1.2%

• 0.5%

What was the change in owners' equivalent rent?

• It increased by 0.3%

• It remained the same

• It increased by 0.2%

• It decreased by 0.1%