Annual in the US slowed to 6.4% in January, down , in a small sign of relief for families and businesses battered by soaring prices.
January marked the seventh straight month of declining annual inflation from this summer's peak of more than 9%, according to the Labor Department's report on the on Tuesday.
The 6.4% figure for January is lowest inflation rate since October 2021, but it also represented a smaller drop than expected from December's number, leading some economists to fear the fight against soaring prices could stall out.
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