The Department of Labor announced on the 14th, by gasoline prices fell in November, consumer price index (CPI) fell 0.3 percent compared with the previous month, fell back for the first time since May; compared to the same period last year, climbed 1.8%.CPI fell larger than the market expected to show inflation remains under control.
Excluding volatile energy and food, core CPI is rose a bit than the previous month by 0.1 percent, also rose 1.9 percent compared with the same period last year.
Inflation risk is still low, the U.S. Federal Reserve (Fed) announced this week the launch of fourth quantitative easing (QE4) measures to continue to reduce unemployment and stimulate economic growth.
The report shows that the overall energy prices fell 4.1% in November, down deepest since May.
Excluding volatile energy and food, core CPI is rose a bit than the previous month by 0.1 percent, also rose 1.9 percent compared with the same period last year.
Inflation risk is still low, the U.S. Federal Reserve (Fed) announced this week the launch of fourth quantitative easing (QE4) measures to continue to reduce unemployment and stimulate economic growth.
The report shows that the overall energy prices fell 4.1% in November, down deepest since May.