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Inflation-Weary Americans Find Some Relief as Prices Fall for Dozens of Products
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Prices were lower last month for dozens of products including airline tickets, chicken and shoes, providing some modest relief to Americans who faced historically high inflation in 2022.
Overall consumer prices fell a seasonally adjusted 0.1% in December from November—the first monthly decrease since May 2020, the Labor Department said. But the annual inflation rate remained high. The consumer-price index rose 6.5% from December 2021.
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