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U.S. Consumer Prices Rise 0.3% In December, Slightly More Than Expected

Partly reflecting a continued increase in shelter prices, the Labor Department released a report on Thursday showing consumer prices in the U.S. rose by slightly more than expected in the month of December.

The Labor Department said its consumer price index climbed by 0.3 percent in December after inching up by 0.1 percent in November. Economists had expected consumer prices to rise by 0.2 percent.

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by RTTNews Staff Writer

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