The Consumer Price Index (CPI) released today shows that average prices for goods went up 0.1 percent in November compared to October, and increased 7.1 percent on an annual basis, revealing a cooling down of inflationary expansion as expected by economists even as prices persist at decades-high levels. The CPI, the most widely adopted inflation…
CPI Numbers Reveal Inflation Cooled in November, but Consumer Prices Still Remain Significantly High
December 13, 2022
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Business & Marketsconsumer price index (CPI)economyenergy costsfed ratesfood pricesgas priceshigh inflationinflationMarketsUS
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