Dec. 18 at 11:29 PM
$MDAI US says price increases eased last month but data may be distorted and Americans aren’t feeling it
By PAUL WISEMAN and ANNE D’INNOCENZIO
Updated 10:59 AM CST, December 18, 2025
WASHINGTON (AP) — At a time when Americans are frustrated and angry over the high cost of living, the government released a report Thursday showing that inflation had cooled unexpectedly in November.
But economists quickly warned that that last month’s numbers were suspect because they’d been delayed and likely distorted by the 43-day federal shutdown. And most Americans have not felt any let up in the high prices they are paying for food, insurance, utilities and other basic necessities.
The Labor Department reported Thursday that its consumer price index rose 2.7% in November from a year earlier. Yet, year-over-year inflation remains well above the Federal Reserve’s 2% target. Americans, dismayed by high prices, handed big victories to Democrats in local and state elections last month.
https://apnews.com/article/inflation-consumer-prices-economy-trump-tariffs-e26c4b6ee05533fd6686555e125b2e53
