Inflation Eased in December at 6.5 Percent, Marking 6 Months of Slowing Price Increases
The monthly CPI data marked the first decline since the spring of 2020.
The monthly CPI data marked the first decline since the spring of 2020.
Tuesday’s report shows price increases were lower than the 7.3% they predicted to see in November.
“My economic plan is showing results, and the American people can see that we are facing global economic challenges from a position of strength.”
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