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U.S. Consumer Price Index Comes In Flat In November

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Consumer prices in the U.S. came in unchanged in the month of November, according to a report released by the Labor Department on Tuesday, with a steep drop in energy prices offsetting increases in prices for shelter and airline fares.

The Labor Department said its consumer price index was unchanged in November after edging down by 0.1 percent in October. The flat reading for the index came in line with economist estimates.

Meanwhile, the core consumer price index, which excludes food and energy prices, rose by 0.2 percent in November following a 0.1 percent uptick in the previous month. Economists had expected core prices to inch up by another 0.1 percent.

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