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Inflation cools but stays near 40-year high

Por: ABC7 World November 10, 2022

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and below 8% for the first time since February.The report outperformed the expectations of economists, who had predicted a CPI increase around 7.9%.On a monthly basis, the consumer price index increased at a rate of 0.4%, rising at the same pace that it underwent in September, the Bureau of Labor Statistics said on Thursday.While year-over-year inflation slowed, it remained near a 40-year high, defying a string of aggressive rate hikes from the... + full article



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