US cost of living continues to rise but inflation appears to finally be slowing
by Dominic Rushe from on (#66SJ6)
Latest consumer price index figures showed prices rising by 7.1% from last November, down from 40-year high of 9.1% in June
The cost of living continued to rise at levels unseen in decades in November, the US Bureau of Labor Statistics reported on Tuesday, but the rate of inflation does appear to be finally slowing.
The latest consumer price index (CPI) figures - which measure a broad range of goods and services - showed prices rising by 7.1% from last November with a 0.1% increase from October.
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