US: Price Gains Across Still-Hot Service Sector Keep Upward Pressure on Core Inflation

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<p>The Consumer Price Index (CPI) rose 0.1% month-on-month (m/m) in November, a tick above the consensus forecast and a modest uptick from October. On a twelve-month basis, headline inflation slipped to 3.1% (from 3.2%). Energy prices were a key factor restraining the headline measure, falling 2.1% m/m. The pullback was entirely due to another drop […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/531403-us-price-gains-across-still-hot-service-sector-keep-upward-pressure-on-core-inflation/">US: Price Gains Across Still-Hot Service Sector Keep Upward Pressure on Core Inflation</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>