US EditionIpc Moderates to 3% in November Due to Lower Electricity Prices
6 Articles
6 Articles
The rate drops by a tenth compared to that recorded in October but the underlying inflation, which does not take into account fresh food or energy, points to its highest value in 11 months. Pensions will rise by 2.7% in 2026 The Consumer Price Index (CPI) has moderated slightly in November to 3%, a tenth lower than the rate recorded in October, thanks to the decrease in the cost of electricity, which rose in the same month last year, and despite…
The Consumer Price Index (CPI) cut its annual rate by one tenth in November, to 3%, due to the decrease in electricity prices, according to the data advanced this Friday by the National Institute of Statistics (INE). With this decrease of one tenth in the penultimate month of the year, the year-on-year CPI breaks with two consecutive months of promotions after it closed at its highest level in 16 months (3.1%) in October. Both the INE and the Mi…
Bankinter Market Consensus The preliminary IPC of November published this morning has been located at +3.0% per year, in line with what was expected and from 3.1% above. On the other hand, the underlying IPC rises a tenth to +2.6% per year also in line with what was expected and from 2.5% above. In inter-monthly terms, the IPC rose a +0.2% per month (vs 0.1% expected and from +0.7% above) and +0.1% per month the underlying rate. Review team opi…
The advanced CPI stands at 3.0% although the underlying does scale up to 2.6% year-on-year The monthly rate compared to October is increased by two tenths
The main cause of this deterioration was the fall in electricity prices, compared to the increase seen in November 2024.
Inflation is on the brakes in October after several months in increase. The Consumer Price Index (CPI) stands at 3%, a tenth less than in October, according to the data advance published this Friday by the National Institute of Statistics (INE).The drop in the price of electricity has been the key factor for this new slowdown.Read more: Inflation accelerates in September and reaches 3%, its highest level since February After two consecutive mont…
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