ylliX - Online Advertising Network
General Market News

CPI for November Increased Higher than Expected

CPI for November Increased Higher than Expected

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

Early-session market investors are bidding indexes higher this Friday morning, following a very strong Consumer Price Index (CPI) report for November ahead of the opening bell: +0.8% on the headline was 10 basis points higher than expected, but 10 basis points below the previous month’s +0.9%, which was the highest print since 2008. Core CPI — stripping out food and energy prices — came in on the nose with expectations, +0.5%, down from the +0.6% for October.

...read full article on Zacks Investment Research

ylliX - Online Advertising Network