US: CPI likely to increase by 0.4% m/m in November – Danske Bank

In the US, CPI numbers for November are due and analysts at Danske Bank estimate CPI core rose 0.2% m/m (1.7% y/y versus 1.8% y/y in October).

Key Quotes

“In our view, it is likely that headline inflation increased significantly more given the large increases in fuel prices and we estimate an increase of 0.4% m/m in November (2.2% y/y versus 2.0% y/y in October).” 

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