US Inflation Eases for Sixth Straight Month

Washington - The increase in U.S. consumer prices eased again in December, dropping for the sixth straight month after reaching a four-decade high in mid-2022, the government reported Thursday.

The Bureau of Labor Statistics said its consumer price index rose at an annualized 6.5% pace last month, down from the 7.1% figure in November and off sharply from the peak of 9.1% last June. December prices edged down a t