U.S. November Core PCE Price Index Shows Slight Increase

According to PANews, the U.S. Core Personal Consumption Expenditures (PCE) Price Index for November recorded a year-over-year increase of 2.8%, aligning with the previous month's figure but slightly below the anticipated 2.9%. On a monthly basis, the Core PCE Price Index rose by 0.1%, which is lower than the expected 0.2% and down from the previous month's 0.3% increase.