Inflation cooled more than expected in November | CNN Business

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US inflation cooled more than expected in November, easing to 7.1% annually, the smallest increase in a year. But prices remain painfully high.

Prices rose 7.1% annually in November, down from 7.7% in October, according to the Bureau of Labor Statistics’ closely watched index, which measures the change in prices paid by consumers for goods and services. November’s rate, which was the fifth-straight monthly decline, landed below economists’ expectations of 7.3% and was the lowest since December 2021. On a month-to-month basis, prices rose by 0.1% last month, as compared to October’s reading of 0.4%.

Core CPI, which excludes the volatile food and energy categories, measured 6% for the year ended in November, down from the 6.3% rate in October. On a monthly basis, core CPI increased by 0.2%. The report comes just a few hours before Federal Reserve officials prepare to sit down and pore over key economic data that will help inform their decision on further monetary policy tightening.

 

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Oh ! No Republicans! here comes Biden!

You call that easing? 🤡🤡🤡

At its lowest monthly growth it's still higher than when TRUMP was in office. Report on TWITTER FILES PLEASE

7.1% is still a high number.

The problem is it is still going up and prices will never go back to before Brandon prices .

if Joe Biden can ignore the fentynal crisis coming across are border does that mean big pharmaceutical companies can ignore court actions holding them accountable for codeine addiction. Fentynal is atleast 10× as bad or worse of a epidemic and democrats act like it's not even

Hasn’t eased up when it’s still rising. “ Inflation still up 7.1%” There I fixed it for you see my homepage plz

This crazy out-of-control corrupted government needs to stop spending our money as if it were our money! 🤬🤬

And still the worst in 40 years. Good talk, CNN

only because they took out a couple of measurements. COOKING THE BOOKS AGAIN

So I guess income must be up at least 7.2% then. Correct? Biden claimed yesterday that it is so.

This news will get 1% of the coverage that rising inflation got.

If individuals cannot find effective ways to resist inflation, personal wealth will only continue to depreciate and depreciate.

Keby vám európa nepomohla tak ste v riti 😀 moje dane prešli Atlantik

It’s greed compare greed not inflation

Say it! Go ahead and say it. Biden is ruining the USA...

And Where's Waldo will call that a win.

This might be the most honest headline I've seen at CNN in a decade.

All your viewers should watch the Twitter files. Y'all won't cover it, because it shows your agenda of fake news

Oh… now you want to talk inflation? Late to reality as usual…

PAINFULLY HIGH

🤣🤣🤣 As if 7.1% is a win… Ridiculous

And will continue to go along with gas prices now. DementiaJoesFault

This literally makes no sense at all

That sounds like right wing propaganda. I thought Inflation is imaginary

Your ratings are dropping like flys

Then perhaps you should do some articles exposing how many corporations are enjoying record profits at this time, and how that fact exposes what is going on as price gouging in most cases, and isn’t actually inflation. DO YOUR JOB.

Inflation was 1.4% under Trump!!!!!!!!!!!! Biden doesn't have a clue how to run a country.

Really? The grocery prices just keep going up in my neighborhood

Trump and Elon’s America

Why do you continuously cover for the pathetic Biden administration? WHY?

Inflation is cooling because the economy is weak . The fed didn’t need to raise rate so high and fast because inflation was gobbling up the disposable income of millions of Americans shrinking demand for everything but food and energy.

BS, cooled would be inflation at 1%.

What a bunch of shit. It still went up Why are you lying and saying inflation cooled.

Just like CNNs ratings cooled more than expected…. 😂

Oh wow, we’re saved

It’s sad seeing so many restaurants have to higher the prices on menu, this has to be killing them. So many I goto the prices are changed on menu with pen or stickers

Biden crows about historically high 7.1% interest rate. Rate will go up next week when there are no deportations as Title 42 ends resulting in daily increase from 6,000-14,000 illegal aliens to 20,000 + daily. More competing for limited resources exacerbating shortages/inflation.

7.1% inflation as a good thing is gaslighting😃

“Only” 7.1%. Jeez.

wait until we start getting heating bills. $5 dozen eggs, chicken, beef... Core inflation is the change in the costs of goods and services but does not include those from the food and energy sectors.

Out of touch. Out of viewers.

Smoke and mirrors…. Just like the stock Market the algorithms built in are predetermined. The game is fixed and it no longer depends on a free and open market of buyers and sellers. It’s manipulated and controlled. The average investor dosent have a chance

Bidenflation remains at 40 yr high

Another peterfile working for CNN just been done for cse.

TwitterFiles5

And you losers “painfully” voted for it. 🙄

Hence, the economy under Beijing Biden is a FAILURE. Period. Period. Period.

Can't trust anything you guys say

CrazyNewsNetwork gonna CrazyNewsNetwork

Inflation numbers are fake they are wanting to make things look all rosy while the economy is collapsing

Or, the headline could read “Inflation is still rising. Already high prices will get worse”.

See CNN is still the Democratic party’s biggest supporter.

I make sure my grocery bill is within a certain range. If items are too expensive, I’ll leave them on the shelf and buy them the following week at the expense of something else Unleaded regular gasoline in my neighborhood is now as low as 2.99 per gallon.

😡👮‍♀️😡👇👮‍♀️😡👇

It’s a spin, not a good one but a spin no less

Your network is an embarrassment to journalism Only cover stories that prop up liberals

That's still a ridiculously high number... wtf?

America and it's government is nothing but corrupt. We send millions of our tax dollars to other nations like the Ukraine to help build their economy and the rest of America is suffering.

Good sign!

In other news,

Remember inflation doesn’t include food for some reason.

$9.99 for a 3 pack of Romaine hearts. NYC

Did CNN just admit 'prices remain painfully high'? Someone will be fired for that comment. Communist don't like the truth getting out

Because lower inflation doesn’t mean prices lowered. It means they stopped climbing as fast.

Your bias is showing again, 'painfully high'. You're f'ing ridiculous.

Is she stealing tomatoes. Is that the reason for the mask

We have Biden to thank for the painfully high inflation. His failures are responsible.

Nice try CNN. Your headline is Conflated

Lies

Says who? I still see food going up weekly, gas is $0.30 higher over the last 2 weeks. Diesel is $2.30 a gallon more than gas. Not buying your narritive for a second.

Inflation is still high remember it was at 1.5 percent?

Gotta love corporate price gouging.

finalize the headline: as well as reaching record highs for corporate earnings. YoY

CNN is leftist propaganda.

It's because inflation is a fairytale statistic like horsepower. Companies have made record profits these past couple years; cost of living has pretty constantly risen, and wages didn't rise to compensate. Wanna guess why that is? Starts with 'P,' ends with 'ROFIT.'

Inflation still over 7%, UGH! I suppose they spin it as some kind of good news, it’s not!

You might say it only went up an inch

Very bad for Biden.

Winter will probably help slow it down as people won’t be buying too much after Christmas

Huh…it’s kinda like big companies are increasing prices to…..oh wait I mean it’s Bidens fault?

Finish the headline: and corporate profits are at record level highs YoY

The adults are in charge and things are now under control.

Ya think?

When good news is the bad news.

Hasn’t eased up when it’s still rising. “ Inflation still up 7.1%” There I fixed it for you

FJB

still painfully high

Not a bull market yet but definitely turned btc right side up !!

Only mask wearers would buy into this shit

We still have 9 months left of this 💩show before 🐂

Is this a bull market?

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