Consumer prices in the U.S. increased in line with economist estimates in the month of October, according to a report released by the Labor Department on Tuesday.
The Labor Department said its consumer price index climbed by 0.2 percent in October after falling by 0.2 percent in September. The modest increase matched economist estimates.
Excluding food and energy prices, the core consumer price index still rose by 0.2 percent, matching the increase seen in the previous month as well as expectations.
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