Consumer Prices Surged 0.6 Percent in October
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Pushed by higher energy prices, US consumer prices rose in October, the Labor Department said today. The seasonally adjusted consumer price index rose 0.6 percent in October, the largest gain since May.
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Consumer prices rose by a mild 0.2 percent in November as costs for gasoline and food products calmed down after posting sharp increases the month before.
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WASHINGTON -- Consumer prices rose by a mild 0.2 percent in November as costs for gasoline and food products calmed down after posting sharp increases the month before.
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That enthusiasm was tempered somewhat today when the Labor Department reported that the Consumer Price Index (CPI) rose 0.6 percent in October, the biggest increase since June and
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Soaring energy costs and a surge in food prices contributed to a 1.7 percent rise in United States producer prices in October, the Labor Department reported today, the biggest gain in almost 15 years.
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NEW YORK, October 19  - US consumer prices increased by 0.2% in September this year, compared to an increase of 0.1% in the previous month.
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Consumers  --  who play an important role in shaping economic activity  --  spent briskly in October, an encouraging sign that the final quarter of 2004 is getting off to a decent start. Incomes rose sharply.
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The annual inflation rate edged higher in October, in line with expectations, owing to higher petrol prices and gas and electricity charges, official data shows.
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U.S. consumer spending rose a  sharper-than-expected 0.7 percent in October, showing the  economy off to a solid fourth-quarter start despite a step-up  in inflation, a government report showed on Wednesday.
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Rising energy costs drove up US consumer prices a larger-than-expected 0.6 percent in October, while industrial output and housing starts rebounded strongly from the prior month.
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Inflation in the eurozone climbed to 2.4% in October as a result of higher fuel prices, the latest official statistics show.
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Rising energy prices pushed inflation up to 1.2% in October from 1.1% the previous month, official figures showed today. The Office for National Statistics (ONS) said the largest impact on the consumer price
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US consumer prices increased by 0.2 percent in September following a smaller gain of 0.1 percent in August, the Labor Department reported on Tuesday.
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Surging energy costs drove U.S.  consumer prices up a hefty and larger-than-expected 0.6 percent  last month, the biggest jump since May, while housing starts  showed the most strength since December, government reports  showed on Wednesday.
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Consumer inflation surged by the largest amount in more than two years in November, led by gasoline prices. The cost of clothing, airline tickets and prescription drugs also jumped.
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Consumer prices jumped a bigger-than-expected 0.8 percent in November, the sharpest climb in more than two years and driven by surging energy costs, a government report released on Friday showed.
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U.S. consumer spending rose a  sharper-than-expected 0.7 percent in October, but rising food  and energy prices ate up much of that gain, a government report  showed on Wednesday.