November CPI Hits 3.1% as Shelter Inflation Remains Sticky

The Consumer Price Index for the month of November hit 3.1% year over year, roughly in line with market expectations, despite the month over month number coming in at 0.1%, slightly above expectations. Declines in energy prices were more than offset by increases in shelter cost as rents and housing prices continue to skew the index higher.

Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinance
Support the Channel by Buying Me a Coffee
https://www.buymeacoffee.com/nobodyspecial
Support the Channel with Melon Merch by TeeSpring:
https://nobody-special-finance.creator-spring.com/

Join My Discord for More Discussion, Q&A, and News: https://discord.gg/njvf3DPPrF

Affiliate Links:

Use this link to get $10 in free Bitcoin with Swan: https://www.swanbitcoin.com/NobodySpecial/
Save $50 Crypto Tax Preparation with Pro Bitcoin Solutions: https://probitcoinsolutions.com/NSF

Recommended reading (Amazon Affiliate links):
Rich Dad Poor Dad by Robert Kiyosaki: https://amzn.to/3rJvA7Y
Atomic Habits by James Clear: https://amzn.to/423Odoy
Why We Need The Fed (blank gag book) by Joe Brown: https://amzn.to/403amBS

Follow me on Twitter: https://twitter.com/JG_Nuke
Follow me on Gettr: https://gettr.com/user/nobody_special_
Follow me on Gab: https://gab.com/NobodySpecialFinance
Follow me on Reddit: https://www.reddit.com/user/JG-NUKE

#CPI #inflation #EndTheFed