Inflation Eases for the 6th Consecutive Month
The consumer price index rose 6.5% from a year earlier, That's down from 7.1% in November and below the peak of 9.1% in June, the Labor Department said. Core CPI, which excludes energy and food prices, rose 5.7%, down from 6% in November. Many
The consumer price index rose 6.5% from a year earlier, That's down from 7.1% in November and below the peak of 9.1% in June, the Labor Department said.
Core CPI, which excludes energy and food prices, rose 5.7%, down from 6% in November. Many economists think Core CPI is a better signal of future inflation than the overall CPI.