Discussion Board

cpi (2)

2 days ago Bureau of Labor Statistics (BLS) announced the CPI(consumer price index, used for calculating the inflation). Inflation declined 0.3 percent in November on a seasonally adjusted basis. The expectations were 0.1% decrease according to Bloomberg market surveys. This decrease in price index of course is related to drops in oil prices ($60/barrel). The core inflation, the index less food and energy, increased 0.1% in November.

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