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US consumer prices unchanged but core inflation up

The flat reading for consumer prices last month followed a modest 0.2 percent increase in October and outright declines in August and September, the Labor Department reported Tuesday. Core inflation, which excludes energy and food, was up 0.2 percent in November and has risen 2 percent over the past 12 months, the fastest gain since a similar 2 percent rise for the 12 months ending in May 2014.

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