PARIS (Reuters) – Consumer prices in the United States reaccelerated slightly in November both annually and monthly, show data from the Labor Department published on Wednesday.
The consumer price index (CPI) rose 2.7% year-on-year in November, at the pace expected by economists polled by Reuters, after rising 2.6% in October.
Over one month, the progression of the CPI index was 0.3% in November, a pace also in line with the consensus which was 0.3%, after +0.2% in October.
Excluding the volatile elements of food and energy, the underlying consumer price index (“core CPI”) remained stable at 0.3% in November, as in October and as anticipated. by consensus.
On an annual basis, the underlying index also remained stable, at 3.3%, as expected by economists.
On the bond market, the yield on two-year Treasury bills, the most sensitive to inflation, fell to 4.13%, while that of ten-year bonds was stable at 4.23%.
At foreign exchange, the dollar reduced its gains, now gaining 0.14% against a basket of reference currencies.
Futures contracts on the major indexes suggest an opening up 0.20% for the Dow Jones, 0.40% for the Standard & Poor’s 500 and 0.60% for the Nasdaq.
(Writing by Claude Chendjou, edited by Kate Entringer)
Belgium
