Consumer Prices Rise 0.2% in October

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00021483-consumer-prices-rise-02-in-october/

By Rex Nutting, MarketWatch

U.S. consumer prices rose 0.2% in October as higher prices for shelter, food, natural gas and medical care offset a big drop in gasoline prices, the Labor Department said Wednesday.

The core consumer price index, which excludes volatile food and energy prices, also rose 0.2%, breaking a string of five straight 0.1% readings.

The 0.2% gain in the CPI was slightly higher than the 0.l% expected by economists surveyed by MarketWatch. The 0.2% gain in the core rate was as expected.

For this complete story, please visit Consumer Prices Rise 0.2% in October.

Consumer Prices Rise 0.2% in October

Unknown Author

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