US November CPI 2.2% vs 2.2% y/y expected

Author: Adam Button | Category: News

November 2018 US CPI data

  • Prior was 2.5%
  • Ex food and energy 2.2% vs 2.2% exp
  • CPI m/m 0.0% vs 0.0% exp
  • CPI m/m ex food and energy +0.2% vs +0.2% exp

Wages

  • Average weekly earnings +0.5% y/y vs +0.8% prior
  • Avg hourly earnings +0.8% vs +0.6% prior

The wages numbers balance out but any way you slice it, that's not enough wage growth to convince anyone that the jobs market is truly tight.

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose