US Annual Inflation Rate Ticks Up for 2nd Straight Month on Higher Shelter, Food Costs

By Andrew Moran The U.S. annual inflation rate rose for the second straight month as shelter and food costs added to price pressures last month. According to the Bureau of Labor Statistics (BLS), the November annual inflation rate climbed to 2.7 percent from 2.6 percent in October. The consensus forecast, according to FactSet Insights, was […]