The cost of living rose less than expected in November 2010 as energy prices climbed by their smallest amount since June, the government revealed Wednesday in its monthly report about the state of US inflation.
The Consumer Price Index (CPI), the most closely watched barometer for US inflation, rose 0.1 percent in November 2010 following an increase of 0.2 percent in October — a level most economists had again expected for November. Consumer prices have risen for five straight months. Continue reading Consumer Prices Edge Up in November 2010, Annual US Inflation Rate at 1.1%