U.S. November Core PCE Price Index Shows Slight Increase

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The U.S. Core PCE Price Index rose by 2.8% year-over-year in November, indicating a slight increase in inflation, but the monthly increase of 0.1% fell short of expectations, suggesting a potential moderation in inflationary pressures.

According to PANews, the U.S. Core Personal Consumption Expenditures (PCE) Price Index for November recorded a year-over-year increase of 2.8%, aligning with the previous month's figure but slightly below the anticipated 2.9%. On a monthly basis, the Core PCE Price Index rose by 0.1%, which is lower than the expected 0.2% and down from the previous month's 0.3% increase.

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U.S. November Core PCE Price Index Shows Slight Increase

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