Newly released federal data showed that inflation continues to rise in the U.S.
The Bureau of Economic Analysis released its Personal Consumption Expenditures marker Thursday, showed inflation rose 0.2% in January, more than many experts had previously expected.
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Newly released federal inflation data shows prices rose in December.
The Bureau of Economic Analysis released its Producer Consumption Expenditure, a key marker of inflation, which showed a 0.2% increase last month. That is an increase of 2.9% in the last year.
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