U.S. consumer price index remained unchanged in November

FXStreet (Mumbai) - The U.S. Bureau of Labor Statistics today reported consumer price index was unchanged in November on a seasonally adjusted basis. Over the last 12 months, the all items index increased 0.5 percent before seasonal adjustment.

The indexes for energy and food declined in November, offsetting an increase in the index for all items less food and energy and resulting in the seasonally adjusted all items index being unchanged. The energy index fell 1.3 percent, with all of the major component indexes declining except electricity. The food index fell 0.1 percent, as the index for food at home fell 0.3 percent, with five of the six major grocery store food group indexes declining.

The index for all items less food and energy rose 0.2 percent in November,the same increase as in September and October.

The all items index rose 0.5 percent over the last 12 months; this is the largest 12 month increase since the 12-month period ending December 2014. The food index rose 1.3 percent over the span, while the energy index declined 14.7 percent.

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United States Consumer Price Index (YoY) above expectations (0.4%) in November: Actual (0.5%)
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