U.S. Bureau of Labor Statistics (11/20/14)
Falling energy prices tempered inflation in October for the fourth consecutive month, according to the U.S. Department of Labor. The consumer price index was unchanged after rising 0.1% in September. Economists had forecast a 0.1% decline. Prices have risen 1.7% over the past year.
The core CPI, which measures prices for all items except food and energy, has risen 1.8% over the past year. Excluding the energy and food categories, prices rose 0.2% following a 0.1% increase in September.
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