【CNBC】Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%

• The consumer price index increased 0.3% in December and 3.4% from a year ago, compared with respective estimates of 0.2% and 3.2%
• Excluding volatile food and energy prices, the so-called core CPI also rose 0.3% for the month and 3.9% from a year ago, compared with respective estimates of 0.3% and 3.8%.

READ MORE