The pace of US consumer price growth is set to have slowed again in November in a further sign that price pressures are beginning to ease in some sectors of the world’s largest economy.
The consumer price index (CPI) is forecast to have slowed to an annual pace of 7.3 per cent, down from 7.7 per cent in October and the lowest level since December 2021, according to a consensus estimate compiled by Refinitiv Eikon.
Compared to the previous month, overall CPI is expected to have risen 0.3 per cent, slightly less than the 0.4 per cent increase registered in October.
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