US CPI to decelerate to 0.2% MoM in November - Natixis

Research Team at Natixis expects US CPI to decelerate to 0.2% MoM in November (from 0.4% MoM in October) with the slowdown in the energy component (+0.6%) and another subdued print of food prices (+0.1%).

Key Quotes

“Core CPI (+0.2%) should continue to be driven by the price of core services. As a result, inflation is likely to gain 0.1pt to 1.7% while core inflation also strengthening from 2.1% to 2.2%.”