US inflation rate slows as fuel costs fall

The rapid rise in consumer prices is slowing in the US, as the costs of energy, used cars, medical care and airfare fall.

US inflation was 7.1% over the 12 months to the end of November, dropping from 7.7% in October, figures from the US Labour department show.

That was the slowest pace in nearly a year and better than analysts expected.

Article URL: https://www.bbc.com/news/business-63960721