Inflation Numbers Cool Down, But Data's a Mystery

Inflation Numbers Show Surprising Cool Down, But Data Reliability QuestionedThe latest inflation numbers revealed an unexpected decrease in November, with the Consumer Price Index (CPI) indicating a two point seven percent annual rise. However, this report is clouded by the absence of October data due to a government shutdown and limited November collection, making it difficult to trust the results. Economists are skeptical, with some suggesting a significant error in the Bureau of Labor Statistics shelter calculation. Gas prices and Black Friday discounts may have contributed to the lower inflation, but the December data will provide a clearer picture for the Federal Reserves next interest rate decision.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.