US inflation unexpectedly fell to 2.7 per cent in November, according to official figures analysts said were distorted by federal statistics agencies’ inability to collect data during the recent government shutdown.
Thursday’s annual consumer price index number from the Bureau of Labor Statistics was well below expectations of a 3.1 per cent increase among economists polled by Bloomberg, and September’s rise of 3 per cent.
Core inflation, which strips out volatile food and energy prices, rose 2.6 per cent, below expectations of 3 per cent.
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