New Delhi, Dec. 19 -- US consumer price inflation rose below market expectations in November, though concerns remain over data accuracy due to disruptions caused by the government shutdown, according to ICICI Bank Global Markets Research.

Headline CPI inflation moderated to 2.7 per cent year-on-year in November, while sequential inflation also softened to 0.2 per cent on a two-month basis from September to November.

"The US CPI report which was delayed by the shutdown showed that inflation rose below expectations in November at 2.7 per cent (exp: 3.0 per cent). On a sequential basis too, inflation rose at a softer pace of 0.2 per cent MoM from September to November" said the report.

Core inflation printed at 2.6 per cent year-on-year, ...