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Saturday, November 26, 2022
HomeNewsEconomyConsumer Price Index (CPI) Flat in November, Inflation Matches Expectations

Consumer Price Index (CPI) Flat in November, Inflation Matches Expectations

Consumers-Target-Reuters
Consumers-Target-Reuters

Consumers shop at Target on Black Friday. (Photo: Reuters)

The Labor Department reported on Tuesday that the Consumer Price Index (CPI), their gauge to measure inflation at the consumer level, was flat in November and matched expectations.

Excluding the volatile food and energy components, prices gained 0.2% in November, which also matched the median forecast.

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Staff Writing Group

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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