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Prices up .1% in in September

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Prices up .1% in in September

Increase in line with expectations.

The personal consumption price index increased 0.2% in September on a seasonally adjusted basis, according to the U.S. Bureau of Labor Statistics. This follows a 0.1% drop in August.

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

Over the last 12 months, the index has increased 1.4%.

The index for all items less food and energy, known as “core” PCE price index, also rose 0.1% in September, after identical increases August and July.

Core CPI has increased 1.5% over the last 12 months. 

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