In September, the Consumer Price Index (CPI) rose 3.8% year-over-year, down from a 4.0% gain in August. The year-over-year deceleration was broad-based, stemming from lower prices for some travel-related services, durable goods and groceries.
Offsetting the deceleration in the all-items CPI was a year-over-year increase in gasoline prices, which rose at a faster pace in September (+7.5%) compared with August (+0.8%)...
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