US wholesale inflation accelerated in November in sign that some 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 than two years ago.
Consumer Prices Rose in November as Inflation Remains Sticky
Consumer prices rose in November, with grocery prices showing their biggest increase in nearly two years, as inflation continues to pressure household budgets.
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 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.
U.S. wholesale inflation accelerated in November, a sign that some price pressures remain
Measured from 12 months earlier, wholesale prices climbed 3% in November, the sharpest year-over-year rise since February 2023. Excluding volatile food and energy prices, so-called core producer prices rose 0.2% from October and 3.4% from November 2023.
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.
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.
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.
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
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.
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November CPI report: Overall and core inflation rise 0.3%. Investors bet on Fed rate cut.
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Inflation increased in November, complicating Fed's next rate decision
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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 Up As Expected
CPI rose by 0.3 percent for the month, as did core CPI. Declines in inflation have clearly leveled off at a pace still in ...