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Post: Annual inflation in the US fell to 6.5% in December

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Traders on the New York Stock Exchange. archive photo

In December 2022, annual inflation in the US slowed to 6.5% from 7.1% a month ago

MOSCOW, January 13 – RIA Novosti. The U.S. Department of Labor said that inflation in the United States at the end of December 2022 was 6.5 percent year-on-year, compared to 7.1 percent in November.

This is the lowest level since October 2021, when inflation was 6.2 percent. On a monthly basis, consumer prices decreased by 0.1 percent in the last month of last year.

At the same time, annual core inflation excluding food and energy prices in the US declined to 5.7 percent in December from 6 percent in November and rose to 0.3 percent from 0.2 percent on a monthly basis. November.

The release of data on inflation in the US caused a decline in US stock indices. As of 17:48 Moscow time, the Dow Jones Industrial Average (DJIA) fell 0.44% to 33,822.95 points, the NASDAQ hi-tech index fell 0.83% to 10,840.9 points, and the S&P 500 broad market index 0.59% to 3946.33 points. .

Also, against the background of these indicators, the dollar fell against the euro and yen.

Source: Ria

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