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The Consumer Price Index (CPI) rose 0.3% month-on-month (m/m) in December, ahead of the consensus forecast calling for a more modest gain of 0.1% m/m. CPI rose 3.4% on a year-over-year basis – up from 3.1% in November. After having declined in each of the two months prior, energy prices inched higher by 0.4% m/m […]

The post US: Core Inflation Inches Down to 3.9% in December  appeared first on Action Forex.

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