A key indicator of US has edged down in welcome news to households grappling with soaring costs.This extends a downward inflation trend in recent months as officials try to cool the American economy, the world's largest, though it is unlikely to bring quick relief from an aggressive campaign to rein in prices.The US 's preferred inflation measure, the personal consumption expenditures (PCE) price index, rose 5.5 percent last month from November 2021, Commerce Department data showed.
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