Core Inflation Rises 0.3% In November, Up 4% YoY (Shelter Up 0.4% MoM and 6.5% YoY

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Well, November inflation numbers are out and we see core inflation increased along with shelter.

In November, the Consumer Price Index for All Urban Consumers increased 0.1 percent, seasonally adjusted, and rose 3.1 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.3 percent in November (SA); up 4.0 percent over the year (NSA).

Yes, core inflation (CPI less food and energy commodities) is up 0.3% in November MoM and up 4% YoY. Shelter is up 0.4% MoM an up 6.5% YoY.

Energy declined considerably but Used Car prices rose.

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