Urgent: U.S. Inflation Data for November Aligns with Market Expectations

On Wednesday, the U.S. Bureau of Labor Statistics released the consumer price inflation data for November, revealing results that closely matched market expectations. Despite a higher overall consumer price index (CPI) growth rate compared to the previous month, the data demonstrated stability in core inflation trends.

According to the report, the annual CPI inflation rate reached approximately 2.7% in November, consistent with market predictions. This figure compares to a previous annual CPI growth of about 2.6% recorded in October.

On a monthly basis, the U.S. consumer price index increased by 0.3% in November, aligning with market forecasts. In October, the monthly CPI growth was around 0.2%.

For core inflation, which excludes volatile energy and food prices, the annual CPI reading stood at approximately 3.3% by the end of November, matching both market expectations and the previous month’s core inflation figure of 3.3%.

Monthly core CPI inflation also saw a 0.3% increase in November, consistent with market forecasts and the 0.3% growth recorded in October. These stable inflation readings reflect a broader sense of equilibrium in U.S. consumer prices, offering insights into market trends and economic conditions.

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