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Food prices surged more than expected in October, CPI report shows

Food prices surged more than expected in October, CPI report shows

Summary

U.S. consumer prices rose faster than expected in October, according to the October Consumer Price Index report. Food prices also accelerated, but the article text does not give figures or details about which foods changed most.

Key Facts

  • The October Consumer Price Index report showed that U.S. consumer prices rose faster than expected.
  • Food prices accelerated in October.
  • The article identifies the Consumer Price Index, or CPI, report as the source of the inflation data.
  • The article text does not state the size of the overall price increase.
  • The article text does not state the size of the increase in food prices.
  • The article text does not identify specific food categories or products with price changes.
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