Progress on inflation stalled in November as prices rose

Inflation remained stubborn this fall, signaling a potentially bumpy road to vanquishing higher prices, which president-elect Donald Trump will have to contend with.

The consumer price index increased 2.7 percent in November from a year earlier, according to the Labor Department, hotter than a 2.6 percent rise in October although in line with what economists expected. It was also above a 2.4 percent annual rise in September.

On a monthly basis, inflation increased 0.3 percent from October to November, faster than the previous monthly rise, as prices for housing, energy and particularly food all rose.