US consumer inflation eases more than expected to lowest since May

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WASHINGTON, United States — Consumer inflation in the United States cooled slightly more than expected in January, government data showed Friday, as energy prices dipped. The consumer price index (CPI) rose 2.4 percent year-on-year, the Department of Labor said, down from December’s 2.7 percent and slightly below analysts’ median forecast. This was also the lowest level
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