"Consumer prices in November were up 2.7% from a year ago, according to a report Thursday from the Labor Department. That's a smaller annual increase than for the 12 months ending in September, when inflation was clocked at 3%. Prices rose 0.2% between September and November. The Labor Department did not provide an October comparison because the government shutdown kept workers from conducting their usual price checks that month."
"A new NPR/PBS News/Marist poll finds just 36% of Americans approve of Trump's economic stewardship. That's the president's lowest rating on the economy in six years of polling, matching former President Biden's low score in 2022. High prices are outweighing other economic concerns, with 71% of those surveyed saying their income just matches or falls short of their monthly expenses."
Consumer prices rose 2.7% year-over-year in November, smaller than the 3% annual increase recorded for the 12 months ending in September. Prices increased 0.2% between September and November. The Labor Department lacked October price checks because a government shutdown halted usual procedures, and absence of October rental data may have lowered the reported November inflation. Seventy-one percent of Americans say income matches or falls short of monthly expenses, and just 36% approve of the president's economic stewardship. Rent and electricity rose over the year while some food prices, such as eggs, fell. Wage growth still outpaces inflation but has slowed amid a softening job market.
Read at www.npr.org
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