#CPIWatch The US Consumer Price Index (CPI) for November 2025 is expected to be released today, December 18, 2025, at 8:30 a.m. Eastern Time. The report is highly anticipated as it may influence the Federal Reserve's decision on future interest rate adjustments.

*Key Expectations:*

- _Headline CPI_: Expected to rise 3.1% year-over-year, the largest gain since May 2024

- _Core CPI_: Forecasted to increase 3.0% year-over-year, matching September's gain

- _Services Inflation_: Persistent inflation in categories like medical care and housing may impact the overall CPI

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The November CPI report was delayed due to the government shutdown, which prevented data collection for October. As a result, the Bureau of Labor Statistics (BLS) will not publish month-to-month percentage changes for November 2025 in categories relying on October survey data ³.

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