U.S. annual consumer prices increase less than expected in November

Commerce secretary predicts 'extraordinary year' ahead as inflation drops to 2.7% in November

Members of the Trump administration are highlighting an unexpectedly low inflation report. Commerce Secretary Howard Lutnick said the drop is proof the White House’s policies are finally pushing down prices, responding to Democrats who argue the administration hasn’t done enough to improve the economy."These things are coming down, and I think what you're going to see next year is an extraordinary year," Lutnick said on "America Reports" Thursda…

Inflation reported to have cooled in November

San José, CA – On Thursday, December 18, the Department of Labor released its report on inflation for November. The CPI-W report showed that the increase in prices for urban wage earners and clerical workers was 2.7%, less than the last report on September inflation of 2.9% (the October report was skipped because of the partial government shutdown). The broader CPI-U, which includes all urban consumers, including professionals, small businesspeo…

US core CPI eases to four-year low in shutdown-impacted report

Underlying U.S. inflation rose in November at the slowest annual pace since early 2021, an unexpected improvement in a report muddled by the government shutdown.

Inflation sits at 2.7 percent: What it means for you, according to the experts

‘Year-over-year increases for food, energy, and shelter may be lower than peaks, but they are not actually falling,’ one expert said

Consumer prices rose in November. See which of your grocery items went up

Consumer prices rose at a 2.7% annual pace in November, according to the latest report of the Bureau of Labor Statistics. While November's consumer prices paint a cooler-than-expected inflation of 3% in September, it does not give the full picture.

Inflation Slowed to 2.7 Percent in November—Lower Than Expected

U.S. inflation slowed in November, with the Consumer Price Index rising 2.7 percent from a year ago—with core inflation also cooling. A $7 million SNAP benefit scheme was busted in Boston on Thursday. Two men are now facing food stamp fraud charges. Health Secretary Robert F. Kennedy Jr. is rolling out new rules against gender transition procedures for minors. It includes cutting off federal Medicaid and Medicare funding from hospitals that prov…