Consumer Price Index (CPI)

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  • Consumer price index(CPI) rose 0.1% in November versus estimate for a flat growth but rose 3.1% year-over-year, in-line with the estimate.
  • Core CPI rose 0.3% in November, in-line with the estimate.
  • Year-over-year, core CPI grew by 4.0%, also in-line with the forecast.
  • Shelter rose 0.4% on the month (October: +0.3%) while energy prices fell 2.3% (October: -2.5%)
  • Supercore inflation reaccelerated to 0.44% from 0.2% in October, driven by medical care and transportation services.

https://www.bls.gov/news.release/cpi.nr0.htm

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