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U.S. Consumer Prices Rise More Than Expected, Core Price Growth Reaches 40-Year High

Consumer prices in the U.S. increased by more than expected in the month of September, according to a highly anticipated report released by the Labor Department on Thursday.

The Labor Department said its consumer price index rose by 0.4 percent in September after inching up by 0.1 percent in August. Economists had expected consumer prices to edge up by 0.2 percent.

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by RTTNews Staff Writer

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