BlockBeats reported on January 11 that the U.S. non-seasonally adjusted Consumer Price Index (CPI) reached a new high of 3.4% in December, the highest rate since September 2023, marking a surprising rebound. Simultaneously, the U.S. non-seasonally adjusted CPI demonstrated a 0.3% annual rate, a record high since September 2023.

Furthermore, the core CPI, which excludes volatile items such as food and energy, hit an annual rate of 3.9% in December on a non-seasonally adjusted basis as per Golden Ten. This rate is the lowest since May 2021.