Thursday, November 10, 2022

US consumer inflation eased to 7.7% over past 12 months November 10, 2022 at 03:48AM

Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easing as the economy slows and consumers grow more cautious.Consumer inflation reached 7.7% in October from a year earlier and 0.4% from September, the Labor Department said Thursday.

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