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December 11, 2024US CONSUMER PRICE INDEX, NOVEMBER 2024
The United States Consumer Price Index (not seasonally adjusted) for All Urban Consumers increased 2.7% year-over-year in November 2024, this was up from a year-over-year pace of 2.6% in October.
Compared to November 2023, the US energy price index declined 3.2%. Gasoline price index was down 8.1%. The food index rose 2.4% and the shelter index was up 4.7% year-over-year.
The US CPI excluding food and energy rose 3.3% compared to November 2023.
Note: Canada and Nova Scotia November 2024 CPI figures will be released on December 17, 2024.
Sources: Statistics Canada. Table 18-10-0004-01 Consumer Price Index, monthly, not seasonally adjusted; US Bureau of Labor Statistics retrieved from the Federal Reserve Bank of St. Louis