Consumer Prices Flat in November

Breitbart | 12/13/2018 | Staff
dorkyrocker (Posted by) Level 3
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U.S. consumer prices did not rise in November.

The consumer-price index was unchanged in November, the Labor Department said Wednesday. In October, prices were up 0.3 percent.

Price - Oil - Role - Prices - Core

The falling price of oil played a role in keeping prices flat. Core inflation, which excludes the volatile food and energy categories, rose 0.2%, the same pace of growth as in October.

Economists surveyed by Bloomberg expected the consumer-price index to remain unchanged in November, and core prices to rise 0.2%.

Data - Show - Tariffs - Prices - Consumers

The data show that tariffs are not raising prices for consumers. Car and truck prices, which theoretically could be impacted by the Trump administration’s increase in steel and aluminum tariffs, were flat for...
(Excerpt) Read more at: Breitbart
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