The U.S Department of Labor released the latest indices of consumer prices for November, where CPI rose to flat estimate from -0.1 percent registered in October and below median estimates of 0.1 percent, while for the year ended November, CPI eased to 3.4 from prior and median estimates of 3.5 percent.

In addition, Core CPI picked up slightly to 0.2 percent in November, from prior and median estimates of 0.1 percent, while compared with year earlier, Core CPI rose to 2.2 percent, up from 2.1 percent reported in October and forecasted as well.