US CPI Review & Flash Forecasts: core CPI expected to hit a key milestone in December
Disinflation continued to strengthen in November, with all key price categories showing a moderation in price pressures - a key core CPI milestone is now on the verge of being hit.
Executive summary
Disinflation continued to strengthen in November, with all key price categories (durables, nondurables and services) showing a moderation in price pressures.
While used car prices have been recording YoY deflation for an extended period, new vehicle prices have also begun to show material disinflation, with a second consecutive MoM decli…