US statistical data released today, Tuesday, revealed a continued slowdown in the pace of US inflation increase during last November, as the US Consumer Price Index rose by 0.1% on a monthly basis, while it was expected to grow by 0.3%. The previous reading of the index recorded a growth of 0.4% during last October.

At the same time, the data showed that core US inflation rose by 0.2% on a monthly basis, below market expectations of a 0.3% increase. The previous reading recorded a growth of 0.3% during last October.

The US inflation index measures the change in prices of goods and services provided to consumers on a monthly basis. It also measures the monthly change in consumer prices indicating US inflation rates.

On an annual basis, the data showed US inflation growth of 7.1% by the end of last November, below market expectations of 7.3% growth. The previous reading of the index recorded a growth of 7.7% during last October.

The annual US inflation index measures the change in prices of goods and services provided to consumers annually and is the primary measure of inflation rates. It is worth noting that inflation means a general increase in the prices of goods and services. The relationship between US inflation and interest rates is an important factor in understanding how this index affects markets and investments.