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U.S. Inflation Likely Hit 18-Month High in November as Tariffs Bite
U.S. consumer prices likely rose at their fastest annual pace in about a year and a half in November, underscoring mounting affordability pressures for American households that economists partly attribute to higher import tariffs. A Reuters survey of economists predicts the Consumer Price Index increased 3.1% year-on-year in November, which would mark the largest rise since May 2024. That compares with a 3.0% increase recorded in the 12 months through September. Economists say the data would confirm that progress in cooling inflation has stalled. Data Disruptions After Government Shutdown The Labor Department’s ... (full story)
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Inflation data set for release Thursday morning is expected to show price increases remain above the Federal Reserve's target in the final major piece of US economic data released on an altered schedule due to the government shutdown. The November Consumer Price Index (CPI) report is set for release at 8:30 a.m. ET on Thursday and is expected to show ...
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From finance.yahoo.com | Dec 18, 2025
How much is inflation really cooling? Thursdays release of Novembers Consumer Price Index (CPI) data showed inflation unexpectedly eased to an annual rise of 2.7% that month. But monthly comparisons October data was never collected due to the government shutdown were absent from the Labor Departments report, leaving more recent price swings a bit of ...