US: Annual Core CPI stays unchanged at 1.6% in November as expected

• Annual core inflation in US remained unchanged in November.
• US Dollar Index stays below 91.00 after the data. 

Inflation in the US, as measured by the Consumer Price Index (CPI), was 0.2% in November, the report published by the US Bureau of Labor Statistics showed on Thursday. On a yearly basis, the CPI stayed unchanged at 1.2%.

Further details of the publication showed that the Core CPI, which excludes volatile food and energy prices,  remained steady at 1.6% on a yearly basis and came in line with analysts' estimates.

Market reaction

The greenback showed no immediate reaction to this report and the US Dollar Index was last seen losing 0.2% on the day at 90.90.