金十独家：美国11月CPI报告全文

Core Insights - The Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.2% from September to November 2025, with a year-over-year increase of 2.7% as of November [1][6] - The CPI excluding food and energy also rose by 0.2% over the same two-month period, with a year-over-year increase of 2.6% [1][5] Inflation Trends - The overall CPI-U for the past 12 months was reported at 324.122, reflecting a 2.7% increase [6] - The CPI for urban wage earners and clerical workers (CPI-W) also saw a 2.7% increase, with an index level of 317.414 [6] - The chained CPI (C-CPI-U) increased by 2.6% over the past year [7] Food Prices - The food index rose by 2.6% over the past year, with the index for food at home increasing by 1.9% [3] - Specific categories such as meat, poultry, fish, and eggs saw a 4.7% increase, while dairy products decreased by 1.6% [3] Energy Prices - The energy index increased by 4.2% over the past year, with gasoline prices rising by 0.9% and fuel oil by 11.3% [4] - Electricity and natural gas prices also saw significant increases of 6.9% and 9.1%, respectively [4] Excluding Food and Energy - The index excluding food and energy saw a 2.6% increase over the past year, with notable increases in housing (3.0%) and medical care (2.9%) [5] - Other categories such as household furnishings and operations increased by 4.6%, while used cars and trucks rose by 3.6% [5] Data Collection Issues - Due to a government shutdown, the Bureau of Labor Statistics was unable to collect data for October 2025, leading to reliance on non-survey data for some indices [2]