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Core Goods Deflation Accelerates In Nov, Core Service CPI Slows

US DATA

Core goods CPI fell 0.52% M/M in Nov, the 2nd consecutive month of deflation on that front and the weakest monthly print since April 2020.

  • Core services still robust at +0.44% M/M - but that's the 2nd consecutive deceleration and a 4-month low print.

Source: BLS, MNI

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