US November CPI data due Wednesday, December 11 - expected to be higher than in October ...Middle East

In October 2024, the U.S. Consumer Price Index (CPI) increased by 0.2% from the previous month, marking the fourth consecutive month with this rate of growth. On an annual basis, the CPI rose by 2.6%, up from 2.4% in September.The core CPI, which excludes volatile food and energy prices, also saw a 0.3% month-over-month increase, consistent with the prior two months, resulting in a 3.3% year-over-year rise. Shelter costs were a significant contributorEnergy prices remained unchangedFood prices experienced a 0.2% increase in OctoberThe inflation figures were in line with economists' expectations and suggested to analysts that that the Federal Reserve may continue its current monetary policy t

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US November CPI data due Wednesday, December 11 - expected to be higher than in October ...Middle East

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