U.S. Consumer Inflation Moderates Amid Delayed Government Data
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Washington. U.S. consumer prices rose 2.7% year over year in November, the Labor Department reported Thursday after a delayed data collection caused by a 43 day federal government shutdown. Core CPI, excluding food and energy, increased 2.6%. The report lacked October monthly detail because the BLS could not gather data during the shutdown, and analysts warned the timing of holiday discounts may have depressed late month prices. Energy prices rose, while housing costs showed little change in the period. Policymakers and markets will await December data for clearer inflation and policy trends. Based on 6 articles reviewed and supporting research.
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Timeline
- 1. Oct 24: BLS published September CPI, the last full monthly release before the shutdown interruption.
- 2. Early October–November: A 43 day federal government shutdown disrupted BLS price collection operations.
- 3. October monthly CPI and the October unemployment rate were not published due to missing data.
- 4. Dec 18: The Labor Department released November CPI showing 2.7% YoY and core CPI 2.6% YoY.
- 5. Mid/late December: Analysts and policymakers called for December data to assess whether November moderation is durable.
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