BCREA ECONOMICS NOW - US CPI Inflation - December 16, 2011
December 16th, 2011
US CPI Inflation
US consumer inflation was little changed in November, registering an annual rate of 3.4 per cent, a 0.1 point drop from October. Core inflation, which excludes energy and food prices, rose 2.2 per cent in November. A slowing global economy and a rising US dollar should constrain future increases in key commodity prices, leading to a slower pace of consumer price inflation. M ...