CPI Revision Details
The Bureau of Labor Statistics (BLS) has revised consumer inflation figures for the period from January 2019 to December 2023. This routine adjustment of seasonal factors plays a crucial role in assessing inflation trends.
Adjustments in December and November CPI
For December, the consumer price index (CPI) rose by 0.2%, a revision from the previously reported 0.3%. In contrast, November’s CPI data was revised upwards, showing a 0.2% increase instead of the initially estimated 0.1%. These changes offer a more detailed view of recent inflation movements.
Core CPI Consistency
The core CPI, excluding volatile food and energy sectors, showed an unrevised…
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