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Inflation moved up for a second month in a row, rising one tenth of a percentage point to 2.7% for the year ending in November, the Bureau of Labor Statistics reported Wednesday in an update to ...
Though inflation is now way below its peak of 9.1 percent in June 2022, ... Used-car prices jumped 2 percent from October to November; new cars rose 0.6 percent.
The Consumer Price Index rose 2.7% over the year in November, up from 2.6% in October, marking the second consecutive month inflation has risen year-over-year.
Inflation rose a tenth of a percentage point to 2.7% for the year ending in November in the CPI, according to the BLS. That marked the second rise in annual inflation in six months.
On a monthly basis, inflation was 0.3 percent from October to November, the biggest gain since April, as prices for housing, energy and particularly food all rose. Advertisement ...
On a month-to-month basis, inflation rose 0.3%. Inflation was the biggest concern on the campaign trail and a major factor in Trump besting Vice President Kamala Harris last month.
Inflation rose 2.7% versus a year ago last month. REUTERS Core inflation, which excludes volatile energy and food prices, rose 3.3% versus a year ago in November.