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US CPI unchanged in November

Tuesday, Dec 15 2015
The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in November on a seasonally adjusted basis. Over the last 12 months, the all items index increased 0.5% before seasonal adjustment. The indexes for energy and food declined in November, offsetting an increase in the index for all items less food and energy and resulting in the seasonally adjusted all items index being unchanged. The energy index fell 1.3%, with all of the major component indexes declining except electricity. 
 
The food index fell 0.1%, as the index for food at home fell 0.3 percent, with five of the six major grocery store food group indexes declining.The index for all items less food and energy rose 0.2% in November, the same increase as in September and October. The indexes for shelter, medical care, airline fares, new vehicles, and tobacco were among the indexes that rose in November. In contrast, the indexes for recreation, apparel, household furnishings and operations, and used cars and trucks all declined.  
 
Euro is currently being traded few points above 1.0970 level, Sterling is around 1.5160 handle, while Aussie is above 0.7220 area.
More in this category: « ZEW Economic Sentiment rose both for Eurozone and Germany Aussie rebounding after being Tuesday's underperformer »

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