Caution Advised as November Inflation Data Shows Mixed Signals
TL;DR Summary
The November US inflation data appeared promising with lower-than-expected inflation rates, but uncertainties remain due to data collection issues following the government shutdown, leading to skepticism about the report's accuracy. Despite this, markets reacted positively, driven by the CPI figures and strong earnings reports, though the reliability of the data is questionable.
- CNBC Daily Open: Investors might not want to take U.S. inflation numbers in November at face value CNBC
- Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation CNBC
- Inflation cooled in November to 2.7%, but economists say to take it with ‘the entire salt shaker’ CNN
- US says price increases eased last month but data may be distorted and Americans aren't feeling it AP News
- Consumer prices rose in November. See which of your grocery items went up WCVB
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