Inflation Cools Slightly, But Wallets Still Face Pressure as Prices Easing Slowly

Inflation cooled slightly last month as gas and used car prices fell, a sign that elevated cost pressures are slowly easing, but consumer prices still rose 0.3% in December. The decline in inflation is seen as a positive trend, but experts warn that other factors may continue to pressure wallets. Despite the slight decrease, economists expect inflation to remain elevated in December and potentially into the new year.