Name: November consumer prices rose at 2.7% annual rate
Uploaded: 2025-12-18T19:18:16.778Z
Duration: 1 min 58 s
Description: Consumer prices rose less than expected in November, giving investors hope that inflationary pressures may be cooling enough for U.S. monetary policy to be eased more than Wall Street anticipates.

Consumer prices rose less than expected in November, giving investors hope that inflationary pressures may be cooling enough for U.S. monetary policy to be eased more than Wall Street anticipates.

The U.S. Consumer Price Index (CPI) for November recorded a 2.7% annual increase, slightly better than expected. The core CPI, which excludes food and energy, rose by 2.6%, indicating a favorable trend in underlying inflation. Over the past two months, seasonally adjusted CPI for all items excluding food and energy rose by 0.2%, averaging a low monthly rate of 0.1%. Jobless claims for the week of December 13th fell to 224,000, while continued claims increased to 1.897 million for the week of December 6th.

November consumer prices rose at 2.7% annual rate

Yeah, here we go. We got jobless games just coming straight across here falling to 224 in the week of December 13th from 237 that was revised up from 236 and not a big deal Let's see four-week average rising to 217 because remember we had that big low number from Thanksgiving So that was a seasonal problem. I think continue claim rising to 1.897 in the week of December 6 That's below consensus and it is up from 1.83 the prior week But still not at 1.9 percent now the number of the morning the CPI. Oh Maybe coming in a little bit better than expected 2.7% a little light here. I'm not calling. I'm just reading the headlines here year-over-year 2-7 X food and energy core 2-6. So four tenths off. That is a very good number here And it really I have not looked at the internals I'll look at them now But it suggests that the internals are good as well Let's see you over a year over the last 12 months There is no month to month, but some guys will be able to calculate seasonally adjusted index for all items Let's food energy rose zero point two percent over the two months So if correct my math here Michael Santoli, but zero point two divided by two is point one Yeah, so therefore that's a very very low monthly rate here the index for shelter increase. So you did get a really nice Decline in in shelter, which was zero to and so that was point one per month energy index rising one point one percent Over the same two month period and what's good about that is energy prices have come off That's right. And so the December numbers are gonna pick up a better number here. Hmm. Let's see the all items index Oil has come off. That's oil. Let's go. I'm gonna go and find right away here all times less food energy That's the core 2.6 or that's a very good number with a big rise in like gas services of 9.1 percent Electricity up 6.9 percent. This is the year-over-year rate

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