U.S. Inflation Report Today: November CPI Arrives After Shutdown, With Tariffs and Fed Policy in Focus
The November 2025 U.S. Consumer Price Index report, delayed by a 43-day federal shutdown, is missing most month-to-month data due to gaps in October’s figures. Economists expect annual inflation to reach 3.1%, the highest since May 2024, with core inflation at 3.0%. The Bureau of Labor Statistics warns it cannot fully reconstruct lost data. Markets and policymakers will rely on year-over-year comparisons.