World

More signs of slowing inflation may arrive in latest consumer price data


Experts think the government’s last price report of the year will provide more evidence that inflation is slowing.


The Bureau of Labor Statistics is scheduled to release its consumer price index Tuesday morning. Economists say they expect the data will show that overall prices were unchanged in November compared to October.


That includes a 0.3% increase in core prices, a more stable category that excludes the cost of food and energy.


“Though this would represent an acceleration at the core relative to October, we see this as mainly coming from a reversal in the volatile lodging away from home category,” a team of economists from Bank of America wrote this month, referring to travel and hotel accommodations in its estimation.