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US annual inflation eases in November despite rising food, other prices

Annual inflation in the U.S. eased in November as gasoline prices weakened, the U.S. Bureau of Labor Statistics said Dec. 12.

November's unadjusted consumer price index rose 2.2% year over year, following a 2.5% increase in October.

Seasonally adjusted, November's consumer prices were unchanged from October's 0.3% increase.

The bureau highlighted that while some prices declined in November — notably the gasoline index falling 4.2%, seasonally adjusted — others rose, including electricity, natural gas and food.

It also noted that in the 12 months to November-end, the energy index rose 3.1%, marking the smallest rise since the end of June 2017.