Examining November CPI Data

<p>Greg McBride breaks down November’s Consumer Price Index report released Friday, Dec. 10, 2021. The headline number’s monthly change of 0.8% topped consensus calling for a 0.7% increase and the yearly 6.8% change lined up with expectations. “There’s no place to hide,” McBride says of rising inflation near 40-year highs since core consumer staples like shelter, energy, and food are all up at an outsized pace. </p><p><br></p>