Consumer Spending and Inflation Up
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Inflation grew in November at its fastest pace in two years, as sky-high oil prices pushed up the costs of other products, while consumer purchases rose a bigger-than-expected 1.1 percent.
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Spending by US consumers rose in November, suggesting shoppers will continue to boost economic growth this quarter. The 0.2 percent gain in personal expenditures on goods and services
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Robust consumer spending on cars,  furniture and food helped power U.S. economic growth forward in  the third quarter at a faster pace than previously thought, the  government said on Tuesday, while underlying inflation was the  tamest in decades.
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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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Led by higher gasoline prices, consumer inflation shot up in November by the largest amount in more than two years.
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US consumer prices rose an as-expected 0.2 percent last month, a government report showed on Tuesday, but a sharp jump in lodging costs helped push core inflation up at its fastest pace in five months.
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U.S. consumers spent at a   stronger-than-expected pace in August and import prices rose   steadily, according to government reports on Thursday that   hinted the economy may not be slowing quickly enough to curb   inflation pressures.
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Consumer prices rose 7.1 percent, the largest increase in more than a decade.
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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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U.S. consumer prices rose more than expected in January despite a dip in energy prices, as medical costs jumped, according to a Labor Department report on Wednesday that revived worries of inflation.
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WASHINGTON - Consumer prices in October posted their biggest increase in five months, pinching people&#39;s pocketbooks at the gasoline pump and at the grocery store.
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Consumers aren't the only ones getting hit by inflation. Campaign donors will also feel its effect as candidates and political parties raise money for the 2006 elections.
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WASHINGTON: US consumer prices rose an as-expected 0.2 percent last month, a government report showed on Tuesday, but a sharp jump in lodging costs helped push core inflation up at its fastest pace in five months.
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U.S. incomes rose much more sharply  than expected in January, while spending and core consumer  price growth also outpaced forecasts, according to a government  report on Thursday that could heighten inflation concerns at  the Federal Reserve.
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Rising food costs helped push prices up for a second straight month, more than offsetting a moderation in energy price increases as inflation showed signs of gaining steam.
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Increased spending by consumers and business helps US economic growth rise at a higher-than-predicted rate in the July to September period.
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Consumer spending rose at the  fastest rate in more than two years in November and prices also  climbed sharply, according to a government report on Friday  that showed the economy on firmer ground than many had  believed.