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.
Consumer Price Index indicates inflation rose 0.3% in November
The Consumer Price Index for November indicated inflation rose 0.3% month over month with some grocery prices increasing. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver walk through the numbers as prices slowly increase.
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 ...
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