Prices Fell in November for the First Time Since 2020

Prices Fell in November for the First Time Since 2020

Costs and individual earnings increased, an indication of Americans’ self-confidence in the economy

Upgraded Dec. 22, 2023 8:47 am ET

Inflation pulled away even more in November, and customer costs increased, another sign the U.S. economy can prevent an economic downturn while bringing costs under control.

The individual intake expenses rate index fell 0.1% in November from the previous month, the very first decrease given that April 2020. It was up 2.6% on the year.

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