Annual inflation rate accelerates to 2.7% in November, as expected

[nmmi]

2. Three month averages (annualized): CPI:+3.0%, Core CPI:+3.6%, both have been rising since July

Last edited Wed Dec 11, 2024, 02:58 PM - Edit history (1)

This isn't a pretty report if one is concerned about rising costs (as opposed to what was expected, which I don't gived a FaFu about).

Some other random notes from the BLS   https://www.bls.gov/news.release/cpi.nr0.htm

Shelter: Nov:+0.3%, accounting for nearly 40% of the monthly all items increase. 12 months: +4.7%
(so still a big problem despite reading more than 2 years of giddy bubbly boo about new rents coming down)

Food: Nov: +0.4%, (12 months: +2.4%),
   Food at home: Nov: +0.5%, (12 months: +1.6%),
   Food away from home: Nov: +0.3%, (12 months: +3.6%)

Energy: Nov: +0.2% (was +0.0% in October), (12 months: minus 3.2%),
   Gasoline: Nov: +0.6%, (12 months: minus 8.1%)

Data Series:
CPI: https://data.bls.gov/timeseries/CUSR0000SA0
Core CPI: http://data.bls.gov/timeseries/CUSR0000SA0L1E