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.