Core Inflation in the U.S. Hits Lowest Level Since March 2021
Core inflation in the U.S. fell to 2.6% in Nov 2025, lowest since Mar 2021, below expectations; housing costs rose by 3%.
The annual core inflation rate for consumer prices in the United States, which excludes volatile items such as food and energy, has dropped to 2.6% in November 2025, the lowest level since March 2021, and below market expectations of 3%.
The housing cost index rose by 3% year-over-year, while other categories showed notable increases, including: Medical care: +2.9%, Furniture and household equipment: +4.6%, Entertainment: +1.8%, Used cars and trucks: +3.6%.
The U.S. Bureau of Labor Statistics (BLS) noted that data for October 2025 was not collected due to a government shutdown lasting 43 days, resulting in the absence of October figures and the lack of monthly data for November.
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