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flag U.S. inflation rose to 3.2% in November 2025, driven by housing and healthcare costs, while job growth slowed.

flag A new federal report released on January 4, 2026, reveals that U.S. inflation rose slightly to 3.2% in November 2025, up from 3.0% the previous month, driven by higher prices for housing and healthcare. flag Core inflation, which excludes food and energy, held steady at 3.1%, indicating persistent underlying price pressures. flag The Labor Department also reported that job growth slowed to 120,000 new positions in November, below expectations, while the unemployment rate remained unchanged at 4.1%. flag Markets reacted with modest declines, as investors weighed the data against the Federal Reserve’s upcoming policy meeting.

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