US Annual Inflation Sticks by 2-Year High; Consumer Prices Mark Fourth Rise in November

The cost of living in the United States climbed in November for a fourth month in a row, and the annual inflation rate jumped the most in over two years, according to government data released Thursday, December 15.

Once again, increases were mostly spurred by higher gasoline and shelter costs. Transportation, used vehicles, and medical care services also rose after having been unchanged or declining previously. Continue reading US Annual Inflation Sticks by 2-Year High; Consumer Prices Mark Fourth Rise in November