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January 18, 2023

U.S. Consumer Price Index slowed again on a y/y basis in December.

Headline CPI slowed to 6.42% y/y, its sixth consecutive month of decelerations. The rate of change accelerated to the downside over the last three months. The month-to-month delta in the year-over-year percent change moved from a -46-basis point deceleration in October versus September to -65 basis points in November versus October and -70 basis points...
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