Friday, December 15, 2006

Forex News: 15.12.2006 The consumer price index in the USA in November is below expectations

The consumer price index (CPI) in the USA did not change in November toward the preceding month and rose by 2.0% at the annual rate, which indicates that inflation slows down a second month. In October, the consumer price index was -0.5%.

Core inflation (CPI excluding food and energy) also did not change in November and was 2.6% at the annual rate.

According to forecasts, the consumer price index was to grow by 0.2% in a month and 2.2% in a year. Core inflation was to increase by 0.2% and 2.7%, in a month and year respectively.

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