Inflation cooled again in November to the slowest pace in a year

Dec 13 2022 by Business Insider

 
A shopper looks at Black Friday displays at a Walmart store in Wilmington, Delaware, on November 25, 2022.

SAMUEL CORUM/AFP via Getty Images

The Consumer Price Index rose 7.1% in November from the same time last year. That's below the 7.3% economists estimated and was the lowest rate since December 2021. November's increase signals that inflation is still cooling.

Inflation continues to cool from its sky-high rates seen throughout 2022.

Inflation as measured by the Consumer Price Index soared...

Continue Reading Inflation cooled again in November to the slowest pace in a year