What did the US inflation report find?

Asked 18 hours ago

Answer

The latest US inflation report showed cooler-than-expected numbers, with annual CPI rising 2.7% and core CPI up 2.6%. Economists remain skeptical due to data collection changes and recent government shutdown effects. Housing inflation is a key debate, with reported declines not fully reflected in official data. The Federal Reserve's future actions remain uncertain as markets await further reports.

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November consumer prices rose at 2.7% annual rate

CNBC · Recent

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Recent

Jobless claims fell to 224,000 for the week of December 13th
Consumer Price Index rose 2.7% year-over-year in November 30s
Core CPI excluding food and energy was 2.6% year-over-year 39s
Seasonally adjusted CPI for all items rose 0.2% over two months 55s
Gas services up 9.1% and electricity up 6.9% year-over-year 1m 24s

References

November consumer prices rose at 2.7% annual rate

CNBC

19 hours ago

November consumer prices rose at 2.7% annual rate

Consumer Price Index (CPI) came in slightly better than expected at 2.7% year-over-year; core CPI excluding food and energy was 2.6%, four-tenths lower than expected.

CNBC

19 hours ago

November consumer prices rose at 2.7% annual rate

Initial analysis suggests CPI internals are positive, indicating underlying inflation trends are favorable.

Economists skeptical of latest inflation numbers

CNBC

19 hours ago

Economists skeptical of latest inflation numbers

Stocks rose after cooler-than-expected inflation data, but questions emerged about the report's reliability due to changes in the data-gathering process and complications from a recent government shutdown.

CNBC

19 hours ago

Economists skeptical of latest inflation numbers

Housing inflation became a key debate point, with the monthly change dropping to 0.13% from 0.3%, raising concerns among economists about accuracy.

What did the US inflation report find?

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