Bloomberg News: US consumer prices outpace forecast as inflation dogs economy

Bloomberg News: US consumer prices outpace forecast as inflation dogs economy. “Prices paid by U.S. consumers rose in September by more than forecast, resuming a faster pace of growth and underscoring the persistence of inflationary pressures in the economy. The consumer price index increased 0.4% from August, according to Labor Department data released Wednesday. Compared with a year ago, the CPI rose 5.4%, matching the largest annual gain since 2008.”

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