Sabri Beneshour
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From APM American Public Media.
Inflation, still high, but not worse.
From Marketplace, I'm Sabri Beneshour, in for David Brancaccio.
The Bureau of Labor Statistics has just released the final inflation reading for 2025, the Consumer Price Index for December.
Spoiler alert, it is still too high.
Prices were up 2.7% from the year before, but that was the same as it was in November.
Between November and December, prices went up three-tenths of a percent.
Let's get into it with Jeffrey Cleveland, chief economist at Payden & Regal.
So what are your first impressions of this number?
2.7% year over year, three tenths of a percent month to month.
What do you think?
Why are they mildly pleased about this?
What are some of the things that are getting more expensive faster than everything else?
And is there anything that actually got cheaper?
Jeffrey Cleveland, chief economist at Payden and Regal, thank you so much.
Have a wonderful week.