Customers order frozen treats from an ice cream truck on the National Mall in Washington, DC
Consumer prices in the United States accelerated slightly in November both annually and monthly, show data from the Labor Department published 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
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