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Progress on inflation stalled
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.
Progress on inflation stalled in November as prices rose
Inflation has proved incredibly stubborn over the fall, the November consumer price index shows, thanks in part to insurance premiums, particularly for autos.
Annual consumer inflation rose to 2.7% in November, in line with expectations
U.S. consumer prices rose in line with analysts' expectations, according to the Bureau of Labor Statistics monthly report released Wednesday.
2h
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the ...
23h
Consumer price index posts largest gain in seven months in November
U.S. consumer prices increased by the most in seven months in November, but that is unlikely to discourage the Federal ...
1d
US Consumer Prices Post Largest Gain in Seven Months in November
The consumer price index rose 0.3% last month, the largest gain since April after advancing 0.2% for four straight months, ...
20h
US Consumer Inflation Rises To 2.7% In November
US consumer inflation ticked up for a second consecutive month in November, according to government data published Wednesday, complicating the Federal Reserve's deliberations over interest rates.
16h
NYC prices rising faster than 12 other major US cities — quickest pace since March 2023
From rent to groceries to school tuition, consumer prices across the New York and New Jersey metro area spiked 4.3% from a ...
23h
Inflation report shows moderate increase; Fed likely to continue rate cuts as Biden administration touts economic legacy
November's inflation report showed a moderate 2.7% annual increase, which may give the Federal Reserve reason to continue ...
23h
on MSN
Inflation remains sticky, with CPI rising 2.7% from a year ago
Inflation rose 2.7% on an annual basis in November, according to the latest government report on the Consumer Price Index, or ...
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