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US inflation hits 3% for first time since January

Source: BBC

US inflation hit 3% for the first time since January last month, but remained milder than many analysts had expected.The figure was for an increase in consumer prices the year to September, up from 2.9% in the prior month, the Labor Department said. Analysts had forecast a 3.1% jump.The report is the first official piece of economic data the US government has published since shutting down earlier this month. It…

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