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Consumer prices up .1% in in September

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Consumer prices up .1% in in September

Increase in line with expectations.

The Consumer Price Index increased 0.1% in September on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. This follows a 0.2% drop in August.

September’s increase was in line with analysts’ expectations.

Over the last 12 months, the all items index increased 1.7% before seasonal adjustment.

Energy prices fell for the third month in a row. Gasoline prices fell 1.0% percent last month after declining 4.1% in August.

Food prices increased 0.3% after rising 0.2% in August.

The index for all items less food and energy, known as “core” CPI, also rose 0.1% in September, after remaining flat in August. 

Core CPI has increased 1.7% over the last 12 months. 

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