Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  December 15, 2010 15:13:21

U.S. - Consumer prices in November rose slower than expected


Consumer price index (CPI) in the U.S. for November showed an increase of 0.1% compared with growth of 0.2% in October. Market counted for November with an average growth of 0.2% estimated in the range from 0 to +0.3%.

The so-called. core-CPI, which does not include the influence of volatile energy and food prices, rose in November by 0.1%, which is filled with market expectations.

Index was influenced by balancing energy prices fall in prices of furniture, automobiles and natural gas. Prices rose most air transport since June 2008.

In comparison to the CPI grew by 1.1%, which corresponds to market expectations. Core-CPI grew by 0.8%, which exceeds the estimated market set to grow by 0.6%.

Energy and food prices rose month on month by 0.2%. Health care prices rose by 0.1%, car prices fell by 0.4%, tobacco prices fell by 0.1%, prices of air transport increased by 3%, apparel prices rose by 0.2%.
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