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November 22, 2021

Led by energy prices, the Consumer Price Index accelerated in October.

The monthly rate of headline inflation increased +0.9% in October, led by rising energy prices. It was the fastest month-over-month acceleration in the Consumer Price Index (CPI) since June 2008. The percent change from a year ago moved up +6.2%. The last time CPI accelerated this quickly on a year-over-year basis was October 1990 at...
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