US Consumer Inflation Eased Slightly Last Month As Gas Prices Fell, Though Some Costs Kept Surging

WASHINGTON (AP) — U.S. inflation ticked down again last month, with cheaper gas helping further lighten the weight of price increases in the United States.

Still, the latest data on consumer inflation showed that prices in some areas — services such as rents, restaurants and auto insurance — continued to rise uncomfortably fast.

The consumer price index rose just 0.1% from October to November. Compared with a year earlier, prices were up 3.1% in November, down from a 3.2% year-over-year rise in October.

But core prices, which exclude volatile food and energy costs, rose 0.3% from October to November, slightly faster than the 0.2% increase the previous month.

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