4617 Outlook

Economic Outlook: December 11, 2020

Dec 11, 2020  | Ep4617

With consumers holding so much sway in the U.S. economy, each government report on spending, prices or employment carries weight.---

The amount consumers paid in November edged up 0.2 percent as lower food prices were off-set by a gain in the cost of electricity and natural.

When the volatile energy sector is removed, the rate for Core CPI stayed the same at 0.2 percent.

Inflation appears muted in the measure of pressures before they reach the consumer. The Producer Price Index squeezed out a 0.1 percent gain.

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