US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Measured from 12 months earlier, wholesale prices climbed 3% in November, the sharpest year-over-year rise since February 2023. Higher food prices helped fuel the November wholesale inflation reading, which was higher than economists had expected.
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 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.
US inflation rose 2.7% in November— heating up for the second month in a row
The Consumer Price Index rose 2.7% versus a year ago last month — above the 2.6% increase seen in October, but falling in line with expectations, the Labor Department said on Wednesday.
Inflation rose in November for second month in a row, up to 2.7%
Here are the latest inflation numbers for November. The new numbers come a month after the consumer price index ticked up for the first time in a while.
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.
U.S. wholesale inflation accelerated in November, a sign that some price pressures remain
Wholesale costs in the U.S. picked up sharply last month, a sign that price pressures are still evident in the economy even though inflation has tumbled from peak levels.
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.
Inflation Ticked Up to 2.7% in November
The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.
Inflation ticked up in November as expected
The consumer price index showed inflation accelerated again in November.
Here's the inflation breakdown for November 2024 — in one chart
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US wholesale inflation accelerated in November; sign price pressures remain elevated
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the ...
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VIEW India's retail inflation in November eases to 5.48%
India's retail inflation in November eased to 5.48% as soaring vegetable prices moderated during the month due to an ...