Why are prices still stubbornly high?

The annual inflation rate in the U.S. ticked up slightly in November. The Bureau of Labor Statistics reported that the Consumer Price Index for all items rose 2.7% in the past year, which was in line with economists' expectations. CBS News MoneyWatch correspondent Kelly O'Grady breaks it all down.

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Why are prices still stubbornly high?

Topics

Related

Coffee price surges to highest on record

Why more high schoolers are taking financial literacy classes

Why I Still Send Holiday Cards — and You Should, Too

Average house price hits record high of £298,083

Yes, Chipotle is raising menu prices again: Here's why

Black Friday showed consumers are still eager to spend — at the right price

Hormel’s stock slumps as sales are still being hurt by weak turkey prices

Razer BlackWidow V4 Pro 75% Review: High Tech, High Price

Why Israel and Hezbollah Are Still Firing Amid a Lebanon Cease-Fire

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