US prices continued to rise despite Trump claims they are ‘rapidly’ falling

Published 2 hours ago
Source: theguardian.com
US prices continued to rise despite Trump claims they are ‘rapidly’ falling

Longest federal government shutdown meant data was only collected for second half of November

US prices rose 2.7% in the year to November, according to federal data released a day after Donald Trump claimed they were falling “very fast” on his watch.

The latest consumer price index, released on Wednesday morning, was down from 3% in September, and short of economists’ expectations of about 3.1% for last month.

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