Consumer prices in the U.S. increased in line with economist estimates in the month of November, according to a report released by the Commerce Department on Thursday.
The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in November, matching the growth seen in October along with economist estimates.
The annual rate of growth by the PCE price index ticked up to 2.8 percent in November from 2.7 percent in October, which was also in line with expectations.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.