October CPI Slips 0.1%; Core Rate increases 0.1%

WASHINGTON — Consumer prices fell 0.1% in October, after rising 0.3% the previous month on a seasonally adjusted basis, the Labor Department reported Wednesday.

Core consumer prices, which exclude food and energy, were up 0.1% for the month, the same gain as in September.

Economists polled by Thomson Reuters had projected consumer prices would remain unchanged from September, but were on target with their median estimate of a 0.1% gain for core consumer prices.

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