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Last Update: 16-Dec-11 09:13 ET
CPI Unchanged in November
Consumer prices were unchanged in November after declining 0.1% in October. The Briefing.com consensus expected the CPI to increase 0.1%.
A 2.4% drop in gasoline prices caused the energy index to dip for the second consecutive month. Food prices increased a modest 0.1%.
Outside of food and energy, core CPI increased 0.2% in November. That was slightly hotter than the 0.1% increase expected by the consensus.
There was nothing unusual in the core data that suggests inflationary problems may be gaining traction as we head into 2012.
A 2.4% drop in gasoline prices caused the energy index to dip for the second consecutive month. Food prices increased a modest 0.1%.
Outside of food and energy, core CPI increased 0.2% in November. That was slightly hotter than the 0.1% increase expected by the consensus.
There was nothing unusual in the core data that suggests inflationary problems may be gaining traction as we head into 2012.
