US consumer prices jump in December | Bangkok Post: news

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US consumer prices jump in December

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US consumer prices jumped 0.3 percent in December after two basically flat months mainly due to higher energy prices, the Labor Department reported Thursday. 

Customers shop at a Walmart Neighborhood Market store on August 15, 2013 in Chicago, Illinois

But stripping out the volatile energy and food price components, the core consumer price index (CPI) rose just 0.1 percent, showing that inflation remains largely tame despite the economy's gains.

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