Inflation Was Flat Last Month

With the Federal Reserve set to raise interest rates this week, we had one more inflation report to digest. This morning, the government reported on inflation for November.

As it turned out, headline inflation was completely flat last month, 0.0%. But core inflation, which excludes food and energy prices, rose by 0.2%.

Over the last year, core inflation has rise by 2%. That’s the fastest pace in more than three years. Of course, it’s still pretty tepid inflation.

Here’s the monthly change in the headline rate:

Here’s the monthly change in the core rate:

Posted by on December 15th, 2015 at 10:00 am


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