#CPIWatch

*Key Highlights:*

- _Core CPI_: 2.6% year-over-year, below forecasts of 3%

- _Energy Inflation_: 4.2% annual increase, driven by gasoline and natural gas prices

- _Food Inflation_: 2.6% annual increase

- _Shelter Costs_: 3% annual increase, slower pace than previous months.

The November CPI report's reliability has been questioned due to a federal government shutdown in October 2025, which disrupted data collection. Economists caution that the report may not accurately reflect the current inflation landscape.

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