the consumer price index rose 3.4% for the year, nearly cut in half, compared to 2022. real wages also grew in 2022 for the first time in years. >> vanessa, what does this final report tell us? >> it tells us that there is going to be a little bit of a bumpy road to the finish line. we are saying that last year, prices rose 3.4%, and in december, we saw prices rise, a little hotter than what analysts were predicting, but not alarming. it is sort of like if you are trying to lose weight, the fed has set a target goal, people set target weight spritz the first few pounds it may come off easily, but it is the last little bit that can be tough, and that's exactly where we are right now. but we have come down dramatically from the high inflation we saw in the summer of 2022. you can see about 9.1% could then december 2022, we were at