US inflation has fallen again

This is now the world's most important economic data and thankfully it looks good. Inflation in the US has fallen once again, and this time shop prices have also simply gone down. For the first time since May 2020, the price level in December was down 0.1 percent on the previous month.

The annual inflation rate declined from 7.1 per cent to 6.5 per cent, while core inflation fell from 6 percent to 5.7 percent, all in line with earlier expectations in the market. Energy prices are having less and less of an impact on US inflation, while service price increases are gaining in importance.

(BI)