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US inflation rose to 2.6% in October

  • The annual inflation rate in the U.S. Reached 2.6% in October, meeting expectations.
  • The Consumer Price Index increased by 0.2% in October, primarily due to rising rents and housing costs.
  • Inflation has decreased from a peak of 9.1% in 2022 but remains about 20% higher than three years ago.
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