November Consumer Price Index Unchanged
.S. consumer prices were unchanged in November following a 0.5% dip in October, the Labor Department said Friday.
The so-called “core” consumer price index excluding food and energy was also unchanged, from October, Labor said.
Economists had expected both the CPI and the core rate to rise by 0.2%, Bloomberg reported.
If consumer prices are climbing, it could reflect an increase in demand for consumer goods, which increases the demand for trucking services.
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