US annual consumer prices increase less than expected in November

WASHINGTON, Dec 18 (Reuters): US consumer prices increased less than expected in the year to November, but the moderation is likely technical and Americans continued to face affordability challenges that have been partly blamed on tariffs on imports.
The Consumer Price Index rose 2.7 per cent year-on-year in November, the Labor Department's Bureau of Labor Statistics said on Thursday. Economists polled by Reuters had forecast the CPI advancing 3.1 per cent.
The BLS did not publish month-to-month CPI changes after the 43-day shutdown of the government prevented the collection of October data. The October CPI release was canceled because the price data could not be collected retroactively.
The longest shutdown in history also impacted labor market data, with the government failing to publish an unemployment rate for October for the first time ever.