The U.S. Bureau of Labor Statistics will publish November inflation figures, with markets anticipating CPI at 3.1% and core CPI at 3.0% despite recent data gaps.
The U.S. Bureau of Labor Statistics will release November Consumer Price Index (CPI) data on December 18, following delays caused by an earlier government shutdown that left October and part of November month-on-month figures missing. Market forecasts place November CPI year-on-year at 3.1% and core CPI year-on-year at 3.0%. Alongside CPI figures, the Labor Department is also scheduled to publish weekly jobless claims data. The release comes after Federal Reserve Chair Jerome Powell highlighted cooling labor conditions and persistent inflation risks.