U.S. November CPI and Core CPI Fall Below Expectations

According to PANews, the United States reported a year-on-year unadjusted Consumer Price Index (CPI) of 2.7% for November, falling short of the anticipated 3.1%. Additionally, the unadjusted core CPI, which excludes food and energy prices, recorded a 2.6% increase, below the expected 3%. These figures indicate a slower rise in consumer prices than analysts had predicted.