U.S. inflation slows but remains elevated in sign that price pressures are easing only gradually 

AN ASSOCIATE checks over a big-screen television on display in a Costco warehouse in Colorado Springs, Colo. The consumer price index rose 0.3% from December to January, up from a 0.2% increase the previous month. Compared with a year ago, prices are up 3.1%. / ASSOCIATED PRESS / DAVID ZALUBOWSKI

WASHINGTON (AP) – Annual inflation in the United States cooled last month yet remains elevated in the latest sign that the pandemic-fueled price surge is only gradually and fitfully coming under control.  Tuesday’s report from the Labor Department showed that the consumer price index rose 0.3% from December to January, up from a 0.2% increase

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