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Consumer prices slightly up in October

Consumer prices continued to rise in October as rents and the cost of food climbed even as gas came down from its recent peak, the government said.

Published: Nov. 16, 2012 at 12:05 a.m. PST
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Consumer prices continued to rise in October as rents and the cost of food climbed even as gas came down from its recent peak, the government said.

Seasonally adjusted prices got a 0.1 percent boost in October from the previous month, according to the Labor Department. But the increase was smaller than the 0.6 percent surges in September and August. October’s prices were up 2.2 percent from the year-earlier period. The cost of food went up 0.2 percent last month from September, with meat, poultry, fish, eggs, fruits and vegetables all priced higher.

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