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U. S. inflation worries as consumer prices rise

By BFN News | 01:50 PM | Friday 14 January, 2011


Inflation worries in the U.S. grew today with the announcement of a 0.5% increase in the consumer price index in December. The Bureau of Labor Statistics pointed to a significant rise in energy costs, including household energy. There was also a slight increase in food prices. Over the last year the consumer price index has risen 1.5%. Story provided by StockMarketWire.com