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An associate checks over a big-screen television on display in a Costco warehouse Tuesday, Feb. 6, 2024, in Colorado Springs, Colo. On Tuesday, The Labor Department issues its report on inflation at the consumer level in January. (AP Photo/David Zalubowski)

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US inflation slows but remains elevated in sign that price pressures are easing only gradually
February 13, 2024 8:35 a.m.

US inflation slows but remains elevated in sign that price pressures are easing only gradually

WASHINGTON (AP) — Consumer inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price surge is only gradually and fitfully coming under control.