US annual inflation slowed to 6.5% in December

Moscow, January 13 – The US Department of Labor said that inflation in the United States of America by the end of December 2022 was 6.5 percent on an annual basis, compared to 7.1 percent in November.

This is the lowest level since October 2021, when inflation was 6.2%. On a monthly basis, consumer prices fell 0.1 percent in the final month of a year ago.

At the same time, core inflation in the United States – excluding food and energy prices – slowed year-on-year in December to 5.7 percent from 6 percent in November, and accelerated to 0.3 percent month-on-month from 0.2 percent in November. .

The publication of inflation data in the United States caused a decline in the US stock indices. As of 17.48 Moscow time, the Dow Jones Industrial Average (DJIA) fell by 0.44% to 33822.95 points, the high-tech Nasdaq index fell by 0.83% to 10840.9 points, and the S&P 500 broad market index fell by 0.59%. % up to 3946.33 points.

In addition, against the background of these indicators, the dollar fell against the euro and the yen.