Despite the decline in prices, the inflation rate rose in America last December

US inflation rose last December, with gasoline, egg and used car prices rising, but there were also signs of pressures easing slightly.

Consumer price index

The Ministry of Labor report issued on Wednesday showed that the index rose by 2.9% in December compared to the corresponding month last year, which is its highest level since July.
This was the third consecutive rise after inflation fell to its lowest level in three and a half years, reaching 2.4% in September.
However, excluding the volatile food and energy categories, so-called core inflation fell to 3.2%, after remaining steady at 3.3% for three consecutive months.