Prices Rose Less than Expected Last Month
4 Articles
4 Articles
Inflation cooled in November, but data may be distorted
At a time when Americans are frustrated and angry over the high cost of living, the government released a report Thursday showing that inflation had cooled unexpectedly in November. But economists quickly warned that last month’s numbers were suspect because they’d been delayed and likely distorted by the 43-day federal shutdown. And most Americans have not felt any let up in the high prices they are paying for food, insurance, utilities, and ot…
The main indicators of Wall Street's pockets closed on Thursday (18) on a positive ground. Data published by the U.S. Labour Statistics Department indicated that inflation dropped by 2.7% in November, in the annual comparison, below 3% registered in September. The data about October were not disclosed due to government shutdown, since according to analysts, it damaged a more complete assessment of the economic scenario. Another rise, on demand f…
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