Underlying US inflation rises

16 December 2015

 

The U.S Bureau of Labor Statistics released November CPI figures which were largely in line with market expectations. The headline inflation rate came in at 0.0% for the month, a drop from October’s +0.2%, as rents, airfares, new car and medical prices rose while petroleum prices fell. The year-to-date figure was +0.4%, up from October’s comparable figure of 0.1% and in line with market expectations. Core inflation, which strips out the more...

read full story