Summary
Inflation reached its lowest point in eight months in November due to decreases in prices for food, alcohol, and clothing. These lower prices contributed to the drop in inflation.
Key Facts
- Food, alcohol, and clothing prices went down last month.
- These falling prices helped lower inflation to its lowest level in eight months.
- The report is focused on the month of November.
- Lower prices were a significant factor in reducing inflation.
- Inflation is a measure of how much prices for goods and services increase over time.
