US: Headline CPI likely to slip to 2.2% y/y in November – TDS

Analysts at TD Securities are looking for the US headline CPI to slip to 2.2% y/y in November with prices unchanged on the month, both in line with the market consensus.

Key Quotes

“Weaker energy prices will partially be offset by a pickup in food, leaving core CPI up 0.2% m/m which will help core inflation firm to 2.2% y/y.”