US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Measured from 12 months earlier, wholesale prices climbed 3% in November, the sharpest year-over-year rise since February 2023. Higher food prices helped fuel the November wholesale inflation reading, which was higher than economists had expected.
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.
November inflation increase won't derail Fed interest rate cuts
Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed is expected to proceed with an interest rate cut next week.
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.
Inflation rose in November for second month in a row, up to 2.7%
Here are the latest inflation numbers for November. The new numbers come a month after the consumer price index ticked up for the first time in a while.
US wholesale inflation surged higher in November
US wholesale inflation shot higher last month, an unwelcome sign that some prices could be heating up before they come down the pike to consumers.
November Inflation Shows Little Progress. What It Means for the Fed.
Inflation showed little progress in cooling to the Federal Reserve’s 2% target in November, though the pace of price growth was in line with economists’ expectations. The consumer price index climbed 2.
US wholesale inflation accelerated in November; sign price pressures remain elevated
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more th
US inflation ticked up last month as some price pressures remain persistent
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated
US Wholesale Inflation Unexpectedly Accelerates on Food Costs
US wholesale inflation unexpectedly accelerated in November as a surge in egg prices masked more mild costs elsewhere.
Inflation Ticked Up to 2.7% in November
The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.
US budget deficit climbs to $367 billion in November on calendar payment shifts
The U.S. government posted a $367 billion budget deficit for November, up 17% from a year earlier, as calendar adjustments ...
Here's the inflation breakdown for November 2024 — in one chart
Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the ...
US producer price increase exceeds expectations in November
U.S. producer prices rose more than expected in November amid a surge in the cost of food, but a moderation in the prices of ...
28,000 Retail Jobs Lost In November? The Real Story Behind The Numbers
Bureau of Labor Statistics reported retailers lost 28,000 workers in November. But the widely reported BLS data obscures ...
India's November retail inflation eases as food prices moderate
India's retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest rate ...
November CPI report: Overall and core inflation rise 0.3%. Investors bet on Fed rate cut.
One metric to watch in the CPI data is the year-over-year core CPI, which will play a key role in the outlook for Federal ...