Inflation cools slightly in November as worries about affordability grip Americans

The cost of living continued to climb in November — though a little less than two months ago — as 7 in 10 Americans say they're barely able to pay their bills.

Consumer prices in November were up 2.7% from a year ago, according to a report Thursday from the Labor Department. That's a smaller annual increase than for the 12 months ending in September, when inflation was clocked at 3%.

Prices rose 0.2% between September and November.

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