Pursuits
Consumer Prices in U.S. Unchanged as Energy Costs Decline
- Core costs increase 0.2 percent for a third straight month
- Inflation slowly advancing toward Federal Reserve's goal
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The U.S. cost of living held steady in November, underscoring scant inflation that is well below the Federal Reserve’s goal.
The consumer-price index was unchanged after a 0.2 percent gain in October, Labor Department figures showed Tuesday. Excluding volatile food and fuel, the so-called core measure rose 0.2 percent for a third straight month.