The Consumer Price Index dropped in December for the first time in nine months, the U. S. Labor Department said Friday.
Jan. 11 (UPI) — The Consumer Price Index dropped in December for the first time in nine months, the U. S. Labor Department said Friday.
The price index for all urban consumers declined 0.1 percent on a seasonal adjusted basis after going unchanged in November, the department said in a report Friday. The decline bucked trends that saw the index rise almost 2 percent over the last year.
The consumer-price index measures what Americans pay for everything, like housing, food, entertainment and travel.
The bureau said the gasoline index fell sharply, 7.

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