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. Continue reading...