The market cheered news from the Labor Department that the consumer price index rose 0.2% in August, after a 0.4% gain in July. Core CPI, which excludes food and energy, also increased by 0.2%. Economists surveyed by MarketWatch, on average, had been expecting CPI to rise 0.3% and core CPI to be up 0.2%.
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Monday, September 18, 2006
Gas Prices Down, Inflation Pressures Ease, Stocks Up Big
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