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Ballestas Group

US Economy: Nov CPI Up, Underlying Indicators Steady, Industrial Production Below Forecast

Relevant macroeconomic data was presented this week in the United States. The US CPI for November rose by 0.1%, while the underlying indicator, used by the Federal Reserve, which excludes food and energy rose by 0.3%. Compared to a year earlier, prices rose 3.1% while underlying prices were flat at 4%. Meanwhile, industrial production rose 0.2%, slightly below forecasts.


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