New Delhi, Dec. 18 -- Consumer inflation in the US cooled unexpectedly in November, the Bureau of Labor Statistics said in its latest update, which had been delayed due to the federal government shutdown.
In the report released on Thursday, the Labor Department reported that its consumer price index (CPI) was up 2.7% in November, lower than the 3.1% expectation of economists polled by Reuters.
The CPI had increased 3% in 12 months leading up to September.
For the latest numbers, the BLS said that grocery costs had risen by 1.9% overall, with dairy products seeing a 1.6% decrease in prices from a year ago. On the flip side, protein prices soured by 4.7%, while non-alcohol drinks also saw their prices go by 4.3%.
The latest data also re...
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