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Home » US consumer prices pick up in bumpy path down for inflation

US consumer prices pick up in bumpy path down for inflation

Consumer prices were up 3.1% in November from same period last year

Bloomberg NewsbyBloomberg News
December 12, 2023
in Risk Management
Reading Time: 4 mins read
0
Shoppers in the Magnificent Mile shopping district of Chicago, Illinois.

(Photo/Bloomberg)

US consumer prices picked up in November on increases in housing and other service-sector costs, keeping inflation stubborn enough to thwart any Federal Reserve interest-rate cuts soon. The consumer price index ticked up after being little changed in October, and when stripping out food and energy costs, the so-called core CPI accelerated on a monthly […]

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