America’s inflation is getting back to normal. But price problems persist
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CNN — America’s inflation continued to slow in September, reaching a fresh three-and-a-half-year low and coming in at a pace that’s similar to what was seen in 2017 and 2018, according to data released Thursday. The Consumer Price Index, which measures price changes across commonly purchased goods and services, was 2.4% for the 12 months ended in September, slowing from a 2.5% annual rate in August , according to the latest Bureau of Labor Statistics report. That’s less of a cooldown than
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