Inflation in the United States was higher than expected in December

By: Trademagazin editor Date: 2021. 01. 13. 11:03

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In December, the annual rate of increase in consumer prices in the United States was higher than expected, but last year’s full-year average price increase was lower than in 2019, the lowest in five years and lower than the ten-year average – according to the report of Bureau of Labor Statistics, published on Wednesday.

In December, consumer prices increased by 0.4 percent, in line with market expectations, seasonally adjusted, following a monthly increase of 0.2 percent in November. (MTI)