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Stock impact report

CPI report shows inflation rose at a 2.7% annual pace in November, cooler than expected [CBS News]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: CBS News
By the numbers The CPI was expected to rise 3% on an annual basis last month, according to economists surveyed by financial data firm FactSet. In the most recent inflation reading, from September, the CPI rate rose 3% on an annual basis. November's cooler inflation data comes after prices had inched higher throughout much of the year, with economists pointing to the impact of the Trump administration's tariffs. The CPI tracks the changes in a basket of goods and services typically bought by consumers, providing a snapshot of price changes on everyday items such as food and apparel. So-called core inflation, or CPI data that excludes volatile food and energy prices, rose by 2.6% over the past 12 months, the Bureau of Labor Statistics said. Economists polled by FactSet had predicted a 3% increase for that measure. Food prices rose 2.6% on an annual basis in November, down from 3.1% in September. Thursday's report provides the first glimpse of recent inflation data since lat Show less Read more
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