“Big picture, we're seeing a weakening labor market, maybe inflation that's relatively stable, possibly coming down a little bit, but still above the Fed's 2% target,” said Ann Owen at Hamilton College. The data were collected in late November, during peak Black Friday discount season.

While CPI inflation dropped in November, the decline in core inflation to a four-year low really stole the show, with implications beyond policy rate cuts. After a weak labor market report recently, the CPI inflation release indicates that the Fed can be closer to a rate cut than is currently factored in by the markets.

This is a wacky number,” Diane Swonk, chief economist at KPMG, told Fortune. “Shelter costs basically flatlined October by carrying forward September. When housing is that large a component, that really matters.

Inflation in November fell to 2.7%, the Bureau of Labor Statistics said Thursday, a positive sign for consumers on its face. However, November’s data was collected later than normal. The released figures may include significant holiday discounting,

Inflation is all over the news and commentary today, particularly after a presidential election that was allegedly all about it. The problem remains that few who utter the word grasp its singular meaning. This includes Stanford professor Jennifer Burns ...

Inflation is one of the key economic metrics often mentioned by the government and the Bank of England.Inflation measures how much prices across different sectors of the economy have risen, from supermarket shops to the cost of jetting off on holiday.

Why has inflation fallen and what does it mean for me? - November’s inflation rate of 3.2% means if an item cost £100 a year ago, it would now cost £103.20.

Inflation alarmists have filled media headlines over the last few years, making a myriad of claims, but they have misunderstood what drives inflation in a consumer-driven economy.