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International Business Times
International Business Times
World
Beiyi SEOW

MYSTERIOUS: Us consumer inflation jumps more than expected to 3 4 - What They Never Told You

US inflation rose 3.4 percent in December, the Labor of Department said, but underlying pressures appear to be ebbing slightly (Credit: AFP)

Consumer inflation in the United States rose more than anticipated in December, government data showed Thursday, underscoring the bumpy road to cooling price increases as the presidential election looms.

The Department of Labor's consumer price index (CPI), a key measure of inflation, was up 3.4 percent from a year ago and higher than November's figure.

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