The U.S. Bureau of Labor Statistics (BLS) is reporting that the Consumer Price Index (CPI), excluding the volatile food and energy components (“core” CPI) was 0.2% higher on a seasonally adjusted basis after being reported flat in October. Over the last 12 months, the all-item index, increased 1.2%, the same increase recorded in October. The index for all items less food and energy rose 1.6% percent over the last 12 months, also the same increase as in the period ending October. The food index rose 3.7% over the last 12 months, while the energy index fell -9.4%.
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Consumer Price Index Increased in November