US says price increases eased last month but data may be distorted and Americans aren't feeling it
WASHINGTON (AP) — U. S. inflation slowed unexpectedly last month according to data that was delayed, and likely distorted, by the government shutdown. The Labor Department reported Thursday that its consumer price index rose 2. 7% in November from a year earlier. Yet, year-over-year inflation remains well above the Federal Reserve's 2% target, and Americans are dismayed by the high cost of living. The report was delayed eight days by the federal government’s 43-day shutdown, which also the...
Read MoreThu, 18 Dec 2025
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