Materials Up After Inflation Data -- Materials Roundup

Producers of metals and other raw materials rose after steady inflation data.

The Consumer Price Index rose 2.7% in December from a year earlier, in line with economists' expectations. Economists at one brokerage said quirks in the report meant the inflation gauge was "stronger than you may think."

"We think negative residual seasonality kept U.S. non-shelter services inflation below its underlying trend in December," said economists at brokerage BNP Paribas, in a note to clients. "A modest goods inflation print highlighted downside risks around tariff pass-through."

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(END) Dow Jones Newswires

01-13-26 1745ET