The US Bureau of Labor Statistics has released fresh inflation data for November, which has significantly impacted financial markets. According to official statistics, the Consumer Price Index (CPI) year-on-year decreased to 2.7%. This is the lowest figure since July 2025 and also significantly exceeded analysts’ forecasts, who expected a level of 3.1%, and the September figure of 3%.
This is reported by Business • Media
Inflation Drop and Cryptocurrency Market Reaction
Following the release of the statistical data, the cryptocurrency market reacted with a sharp increase. The price of Bitcoin surpassed the $89,000 mark, setting new local highs. At the time of writing, the price of the first cryptocurrency was hovering around $88,500. This trend is explained by investors interpreting the drop in inflation as a positive signal for the financial environment and digital assets.
Calculation Details and Expert Reactions
It is worth noting that the inflation statistics for October were not published due to a US government shutdown. As a result, in the November report, analysts used assumptions of zero growth in rent for October. This raised concerns among experts. President of Inflation Insights Omar Sharif expressed worries about this approach, emphasizing the potential distortion of real data.
“This is absolutely unacceptable. The Bureau of Labor Statistics simply assumed that rent and the equivalent rent index for homeowners in October were zero. I’m sure they have a technical explanation, but this approach distorts real data.”
Additionally, the International Monetary Fund had previously warned about the potential risks of national currencies being replaced by stablecoins in countries with high inflation rates.
