United States | Inflation slows to 3.1% year-on-year in November

(Washington) Inflation slowed slightly in November in the United States to stand at 3.1% year-on-year, compared to 3.2% a month earlier, mainly due to the fall in food prices. energy, according to the CPI index published Tuesday by the Department of Labor.


The month-on-month price increase was up slightly, at 0.1%, slightly above analysts’ expectations, while core inflation, which excludes volatile food and beverage prices, energy, remained stable compared to October at 4.0% over one year, however the lowest in more than two years.


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