#CPIWatch
đ NovemberâŻ2025
On a 12âmonth basis, headline inflation stands at ââŻ2.99% for NovemberâŻ2025.
Monthâtoâmonth (Nov vs Oct) inflation is estimated at about 0.31%.
Core inflation (excluding food & energy) is estimated at ~2.95% on a yearâonâyear basis.
---
đ Why It Matters
The ~2.99% headline rate is still above the typical target (~2âŻ%) of the Federal Reserve, suggesting inflation remains sticky.
The 0.31% monthly rise signals that prices are still creeping upâmeaning the inflation âcoolingâ process isnât cleanly done.
With core inflation around 2.95%âŻYoY, underlying pressures remain, even if headline energy/food swings are lower.