United States inflation ticked higher in December but for 2020 it still ran at its slowest pace for a calendar year since 2015, according to a government report released Wednesday, Jan. 13. The monthly level was driven up largely by higher gas prices.
As for the year overall, energy prices fell sharply, including those for gasoline and fuel oil, while the cost of food increased significantly. Continue reading U.S. Inflation Rises 1.4% in 2020, Marking Slowest Yearly Rate Since 2015