U.S. inflation rose 2.7% on an annual basis in December, government data showed Tuesday, following a federal shutdown β that is considered to have artificially lowered inflation in November, when prices also advanced at the same level.
The Consumer βPrice Index (CPI) rose 0.3% month-over-month, the Labor Department's Bureau of Labor Statistics (BLS) said on Tuesday.
In the 12 βmonths through December, the CPI advanced 2.7%, β
Continue Reading on Daily Sabah
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.