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US core inflation at 2.1% [ClearOnMoney]
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US core inflation at 2.1%

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Commentary

US core inflation at 2.1%

17 Nov 2011 by Jim Fickett.

Yesterday the BLS reported US inflation through October. Core inflation (i.e. less food and energy) stood at 2.1%, up slightly from 2.0% in September. Headline inflation was 3.5%, and is unlikely to moderate greatly in the near future, since energy inflation is still in the double digits and housing inflation is running at 2.5%.