CPI rose 2.7% in November from a year ago as Fed struggles to snuff out inflation
Last month's CPI was forecast to come in at 2.7%, according to economists surveyed by financial data firm FactSet. The Consumer Price Index, a basket of goods and services typically bought by consumers, tracks the change in those prices over time.
CPI rose by 0.3 percent for the month, as did core CPI. Declines in inflation have clearly leveled off at a pace still in ...
The producer price index calculates price inflation from businesses' point of view — think labor costs or raw materials ...
Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the ...
The food index, a measure of inflation, increased during November, rising 0.4% as the food-at-home index increased 0.5% and ...
Producer inflation remained too high in November, but there were signs of progress below the surface. An interest-rate cut by ...
U.S. consumer prices increased in November by the most in seven months, but the Federal Reserve was still expected to deliver a third consecutive interest rate cut next week to support a labor market ...
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