The US Core CPI unexpectedly slowed to its lowest level since 2021.
BlockBeats News, December 18th, According to a report affected by the government shutdown, the U.S. potential inflation rate rose year-on-year in November, but the growth rate was the lowest since the beginning of 2021.
Data released by the U.S. Bureau of Labor Statistics on Thursday showed that the core CPI, which excludes volatile food and energy prices, rose by 2.6% in November. The year-on-year increase two months ago was 3%. The overall CPI rose by 2.7% year-on-year in November.
Due to the government shutdown, the U.S. Bureau of Labor Statistics was unable to collect most price data for October, limiting the agency's ability to determine the more comprehensive inflation indicators for November and the month-on-month changes in many key categories. (Jinse)
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