U.S. inflation rises for first time in a year to 3.2%, but underlying measures remain mild
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The core consumer price index , which excludes often-volatile food and energy costs, rose 0.2 per cent for a second month, Bureau of Labor Statistics data showed Aug. 10. That marked the smallest back-to-back gain in more than two years. The overall CPI also increased 0.2 per cent in July and 3.2 per cent from a year earlier.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.
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