Summary:
Consumer prices rose 2.7% in November, matching estimates, highlighting that inflation remains a concern for both households and policymakers.
US CPI Dec
15/1/2025 (Wed)
Previous: 2.7% Forecast: 2.8%
Consumer prices rose at a faster annual pace in November with an annual increase of 2.7% in line with estimates, a reminder that inflation remains an issue both for households and policymakers.
While inflation is well off the 40-year high it saw in mid-2022, it remains above the Fed's 2% annual target. Much of the November increase in the CPI still came from shelter costs.
Despite the lack of progress in the inflation fight, investors took comfort from the moderation in the cost of rent and the fact that core inflation had not deteriorated.
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