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forexU.S. Consumer Price Growth Accelerates More Than Expected In January

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U.S. Consumer Price Growth Accelerates More Than Expected In January

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The annual rate of U.S. consumer price growth accelerated more than expected in the month of January, the Labor Department revealed in a highly anticipated report on Thursday. The report showed consumer prices in January were up by 7.5 percent compared to the same month a year ago, reflecting the fastest annual growth since February of 1982.

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