The consumer price index (CPI), a key government measure of inflation, indicates that inflation finally seems to be slowing a bit, according to a report released Tuesday by the Bureau of Labor Statistics.The index measures the monthly change in prices paid by U.S. consumers for specific goods.Here are three things to know about the inflation report, and what it might mean looking forward.1. It has some of the the lowest increases in almost a year.Prices rose 7.1 percent in November compared to a year earlier. This is a big slowdown from October, which saw a 7.7 percent increase compared to the previous year, and the smallest yearlong increase since December 2021.It may seem counterintuitive
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