US Inflation Advances 2.2% as Consumer Prices Up 0.1% in October 2012

November 15, 2012 · Filed Under Inflation · Comment 

US inflation tamed a bit in October as higher costs in food, clothing, rent and housing offset lower energy prices, US government data showed.

Consumer prices edged up 0.1 percent in October after sharper gains of 0.6 percent during each of the prior two months. The increase was in line with many analysts’ expectations. Read more