US core consumer prices, excluding volatile items such as food and energy, rose 0.2 percent month-over-month in November 2018, the same pace as in October and in line with market expectations. Price increases were seen in shelter, used cars & trucks, medical care, recreation, and water and sewer and trash collection. The indexes for wireless telephone services, airline fares, and motor vehicle insurance declined. Core Consumer Prices in the United States averaged 124.74 Index Points from 1957 until 2018, reaching an all time high of 259.48 Index Points in November of 2018 and a record low of 28.50 Index Points in January of 1957.
Core Consumer Prices in the United States is expected to be 260.25 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Consumer Prices in the United States to stand at 264.13 in 12 months time. In the long-term, the United States Core Consumer Prices is projected to trend around 272.09 Index Points in 2020, according to our econometric models.