Inflation in the US, as measured by the change in the Consumer Price Index (CPI), rose to 2.7% on a yearly basis in November from 2.6% in October, the US Bureau of Labor Statistics (BLS) reported on Wednesday. This reading came in line with the market expectation. On a monthly basis, the CPI rose 0.3% following the 0.2% increase recorded in October.
The core CPI, which excludes volatile food and energy prices, rose 3.3% on a yearly basis to match October's increase and analysts' estimate. The monthly core CPI rose 0.3% in November.
Market reaction to US inflation data
These figures don't seem to be having a significant impact on the US Dollar's valuation. At the time of press, the USD Index was up 0.15% on the day at 106.55.
Sumber : Fxstreet
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