It may be a new year, but the inflation data is all too familiar. The latest Consumer Price Index (CPI) numbers from the U.S.

Alongside bird flu, extreme environmental conditions and national disasters have caused food prices to soar. Ongoing drought ...

DON'T MISS THIS: Top 10 African countries with the highest inflation figures in 2024 When costs grow faster than salaries, people struggle to meet basic needs like food, shelter, and healthcare.

The specter of rising food prices is back. The cost of groceries in the U.S. increased 1.8% from a year earlier in December, rising at the fastest pace in more than a year, according to Labor ...

Inflation rose in December to its highest level since July with much of the increase driven by increasing energy and food prices. The Labor Department released the consumer price index (CPI ...

Stocks rallied in the wake of the report, with the 10-year Treasury yield (^TNX ... like higher fuel costs and continued stickiness in food inflation kept the headline figures elevated.