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Inflation is slowing, CPI to show, but it's still a big problem

Por: MarketWatch Politics December 13, 2022

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The forecast The consumer price index is expected to rise a mild 0.3% last month, helped by the falling cost of gasoline, according to economists polled by The Wall Street Journal. Gas prices have tumbled since the summer, reversing a big spike last spring that sent inflation to a 40-year high. As a result, the cost of living has risen more slowly in the past four months. If the forecast is spot on, the annual rate of inflation would taper off... + full article



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