US inflation may have picked up in October after months of easing
WASHINGTON (AP) — Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling off after steadily cooling for more than two years.Consumer prices are thought to have increased 2.6% from 12 months earlier, according to a survey of economists by the data provider FactSet, up from 2.4% in September. Measured month to month, prices are believed to have ticked up 0.2% from September to October, the same as in the previous month.Exc
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