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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Chispas who wrote (18831)12/17/2004 10:14:47 AM
From: mishedlo  Read Replies (2) of 116555
 
U.S. Nov. CPI up 0.2%, core rate up 0.2%
Friday, December 17, 2004 1:45:33 PM
afxpress.com

WASHINGTON (AFX) - U.S. consumer price inflation moderated in November after a sharp rise in the prior month, the Labor Department said Friday. The seasonally adjusted consumer price index rose 0.2 percent in November after rising 0.6 percent in October, the department said. The core CPI, which excludes volatile food and energy costs, rose 0.2 percent for the second consecutive month in November. Both were in line with expectations, according to a survey of economists by CBS MarketWatch. Real average weekly earnings fell by 0.4 percent in November
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