U.S. CPI Inflation Trended Lower in November, Rising 3.1% From a Year Ago

Monthly headline CPI was higher by 0.1%, in line with expectations and up from 0.0% in October. The core CPI – which strips out volatile food and energy items – rose 0.3% on a monthly basis versus 0.3% expected and 0.2% in October. Annual core CPI was higher by 4% versus forecasts for 4% and 4% in October.

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• Source: https://www.coindesk.com/markets/2023/12/12/us-cpi-rises-01-in-december-31-year-over-year-meeting-economist-expecatations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines