US consumer prices rose 2.7% annually in December, closing out a year that saw slight progress on inflation but continued affordability concerns for many Americans.

The final Consumer Price Index report of 2025 caps off a year in which inflation gradually eased but remained uneven across the economy.

We're finally about to learn how much consumer prices rose back in November, according to the Federal Reserve's favorite measure of inflation.

Sterling’s gains after higher-than-expected U.K. inflation data could prove short-lived as a weaker labor market still argues for further rate cuts, MUFG said.

Prices rose 2.7% in December from a year ago, a sign that inflation continues rising but in line with the pace seen in recent months.

The annual inflation rate hit 2.7 percent in December, according to data released Tuesday by the Bureau of Labor Statistics (BLS). The new consumer price index (CPI) data showed inflation holding

Prices for goods in both categories rose by more than 15% in December as food costs moved ahead at a quicker pace than the month before.

After a holiday season shaped by aggressive discounts, delayed data and lingering sticker shock, the next inflation report is poised to cut through the haze around what prices are really doing. The latest readings on consumer prices will show whether the apparent cooling in late 2025 was a durable shift or a temporary gift