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US November CPI Preview: Detour Around the October Pothole
From wellsfargo.bluematrix.com
The government shutdown disrupted data collection for the October CPI, so BLS will not be publishing headline or core inflation figures for the month. November indices should be published as usual, albeit with the prospect of slightly lower collection rates. With aggregate indices unavailable for October, the short-term take on inflation will need to be viewed as the two-month percentage change. We estimate headline CPI rose 0.45% between September and November, leaving the year-over-year pace at 3.0%. Over the past two months, energy inflation was modest, while food price growth is expected to have cooled as ... (full story)
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