America

Barely Any Inflation In November: Consumer Prices Rose 0.1 Percent

"The Consumer Price Index for All Urban Consumers ... increased 0.1 percent in November" from October, the Bureau of Labor Statistics just reported. And for the year ended Nov. 30, prices were up just 1.1 percent.

Bloomberg News says the November increase was "less than forecast."

Economists like to look at inflation "excluding food and energy" costs to get a feel for the underlying trend. By that measure, prices were also up just 0.1 percent last month and 0.8 percent for the year ended Nov. 30.

Planet Money figures out the economy over here.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.