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CPI Inflation Worse Than Expected Last Month—But Still At 3.5-Year Low In Last Pre-Election Report
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October 11, 2024October 11, 2024Breaking News

CPI Inflation Worse Than Expected Last Month—But Still At 3.5-Year Low In Last Pre-Election Report

by News Reporter

Consumer prices rose faster than economists forecasted last month for the first time since March, posing a potential obstacle to the yearslong fight to return to 2% inflation. Headline consumer price index inflation was 2.4% in September, according to Bureau of Labor Statistics data released Thursday morning. The 2.4% year-over-year increase in the index compares...

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