This story was updated on Thursday, Dec. 18 at 10:07 a.m.
WASHINGTON (AP) — U.S. inflation slowed unexpectedly last month according to data that was delayed, and likely distorted, by the government shutdown.
The Labor Department reported Thursday that its consumer price index rose 2.7% in November from a year earlier. Yet, year-over-year inflation remains well above the Federal Reserve’s 2% target, and Americans are dismayed by the high cost of living.
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