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US consumer prices unchanged in October, lowest in 5 months

November 12, 2020

Via: ABC News

U.S. consumer prices were unchanged in October, the lowest reading in five months, suggesting that a price spike over the summer is beginning to fade as coronavirus cases spread.

The flat reading for last month followed a gain of 0.2% in September. Core inflation, which excludes volatile food and energy costs, also showed no changed in October, another indication that inflation remains well-behaved, the Labor Department reported Thursday.

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