Consumers feeling inflation pinch this holiday shopping season

The Labor Department reported Wednesday that consumer prices rose 2.7% year-over-year in November. The news comes as consumers do their holiday shopping and the Federal Reserve weighs its final rate decision of 2024. CBS News contributor Javier David has more.

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Consumers feeling inflation pinch this holiday shopping season

Topics

Related

Apple's latest iPhones get the gift of more AI as holiday shopping season heats up

Only 16% of holiday shoppers plan to spend more this season because of inflation, CNBC survey shows

Consumer Price Index indicates inflation rose 0.3% in November

How consumers can protect themselves against porch pirates this holiday season

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