November consumer prices increased by 2.7% annually, falling short of expectations, according to delayed data.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 18 2025
0mins
Source: CNBC
Consumer Price Index Trends: Consumer prices rose 2.7% in November, lower than the expected 3.1%, indicating potential cooling of inflationary pressures in the U.S.
Core CPI Insights: Core CPI, excluding food and energy, increased by 2.6%, also below the anticipated 3%, suggesting a more stable inflation environment.
Impact of Government Shutdown: The report was affected by the recent government shutdown, which disrupted data collection and led to the cancellation of the October CPI release.
Market Reactions: Following the report, stock futures rose, and traders began to anticipate a higher likelihood of a rate cut by the Federal Reserve in March, with a 60% probability now indicated.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








