US Inflation in October 2013 Retreats, 12-Month Inflation Rate Eases

The American cost of living decreased in October for the first time in six months and the annual inflation rate was the lowest in four years, the US government reported Wednesday in Washington.

Annual inflation eased and consumer prices retreated last month as sharply lower gasoline prices offset higher prices in food, transportation, used vehicles and the cost to rent and own homes Continue reading US Inflation in October 2013 Retreats, 12-Month Inflation Rate Eases