By using Lucia Mutikani WASHINGTON (Reuters) – Consumer costs have been flat in November, however a jump again within the annual inflation charge from a 4-12 months low will most likely supply the Federal Reserve duvet to start dialing back its large monetary stimulus. The Labor Department mentioned on Tuesday its Consumer Value Index used to be restrained closing month with the aid of declines in fuel and natural gas prices, after slipping zero.1 percent in October. withIn the twelve months thru November, the CPI rose 1.2 %. Economists polled by Reuters had forecast consumer prices nudging up zero.1 p.c closing month and increasing 1.three p.c from a 12 months ago.
Consumer prices flat in November as gasoline falls
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