The Consumer Price Index (CPI) rose 0.3% in November on a seasonally adjusted basis, beating the consensus forecast, the U.S. Bureau of Labor Statistics reported.
That follows a 0.4% gain in October. Over the last 12 months, the all items index increased 2.1% before seasonal adjustment.
Forecasts ranged from a low of 0.0% to a high of 0.3%. The consensus forecast was 0.2%.
