The dollar lost some ground on Friday after U.S. consumer prices increased roughly in line with expectations in November as investors, who had been bracing for much higher inflation, bet that the actual number would not change the pace of interest rate hikes. Labor Department data showed an increasing consumer price index (CPI) as cost of goods and services rose broadly amid supply constraints for the largest annual gain since 1982. The CPI rose 0.8 percent last month after surging 0.9 percent in October while in the 12 months through November, it rose 6.8 percent, following a 6.2 percent advance in October. This compared with a 0.7 percent forecast from economists polled by Reuters. “I’d characterize the CPI reading as right on expectations but the Forex market had positioned for a higher reading,” said Greg Anderson, global head of foreign exchange strategy at BMO Capital Markets. “The FX market has …