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September 01, 2020 1:20pm
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Inflation rises more than expected in September as high prices persist

The Labor Department released the closely watched September consumer price index report on Thursday, revealing just how hot inflation ran last month.

The Labor Department said Thursday that the consumer price index, a broad measure of the price for everyday goods including gasoline, groceries and rents, rose 0.4% in September from the previous month, more than expected.

Prices climbed 3.7% from the same time last year.

This is a developing story. Please check back for updates.

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