By Andrew Moran Price pressures may be cooling across the economy, with the 12‑month inflation rate slowing sharply in November. The annual inflation rate eased to 2.7 percent last month—the lowest level since July—from 3 percent in September, according to the Bureau of Labor Statistics. Economists had penciled in a reading of 3.1 percent. The […]
Tag: Consumer Price Index (CPI)
A consumer price index is a price index, the price of a weighted average market basket of consumer goods and services purchased by households.
