The preliminary reading for the US one-year inflation rate in November was 4.7%, compared to a forecast of 4.6%.

According to Odaily Planet Daily, the preliminary reading for the US one-year inflation rate in November was 4.7%, lower than the expected 4.6% and the previous reading of 4.60%. The preliminary reading for the US five- to ten-year inflation rate in November was 3.6%, lower than the expected 3.8% and the previous reading of 3.90%. (Jinshi)