US CPI inflation goes backwards in December; first fall since March

11 January 2019

 

The annual rate of US consumer inflation has dropped below 2% for the first time since July 2017. While the annual inflation rate had trended higher through the 2018 financial year, a string of soft inflation results from July onwards has brought the consumer inflation rate from close to 3% to back below 2% in less than six months.  Consumer price index (CPI) figures released by the Bureau of Labor...

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