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Consumer Prices Rose 0.4% in October, Slower Than Expected and a Sign of Easing Inflation
Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easing as the economy slows and consumers grow more cautious. Consumer inflation reached 7.7% in October from a year earlier and 0.4% from September. The year-over-year gain was the smallest since January. Excluding volatile food and...
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Here's Why Prices Are Still Going Up and What Keeps Driving Inflation
High inflation has now spread well beyond physical goods to the nation’s vast service sector, which includes everything from dental care and apartment rents to auto repairs and hotel rates.
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Inflation Increased 0.4% in September, More Than Expected Despite Rate Hikes
The consumer price index was expected to increase 0.3% in September, according to Dow Jones estimates.