U.S. inflation eased to 7.7% in October, raising hopes that high prices have begun to slow down
Nov. 10, 2022
https://www.nbcnews.com/business/economy/us-inflation-rate-october-2022-economy-stands-now-rcna56272
Consumer price increases eased to 7.7% in October, a sign that the persistent inflation that has plagued the U.S. economy is showing glimmers of cooling off, even as it remains near four-decade highs.
The new data compare with a reading of 8.2% in September. On a monthly basis, inflation increased 0.4%, compared with 0.4% in September.