US inflation rises more than expected
US consumer prices have climbed more than expected and reached 8.2% this year through September, according to data released Thursday.
Source: chinadailyhk.com
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US consumer prices have climbed more than expected and reached 8.2% this year through September, according to data released Thursday.
New car costs and motor vehicle parts continue to grow rapidly more expensive, helping to boost overall inflation.
Inflation rose quickly in September and a key measure accelerated to the fastest pace since 1982, underlining the persistence of price increases.
Strong payrolls growth and a plunging unemployment rate mean more rate hikes are on the way.
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