The cost of living excluding food and fuel rose again in October after picking up the prior month, showing inflation edging closer toward the Federal Reserve’s goal. The core consumer-price index increased 0.2 percent for a second month as rents continued to climb and health-care costs rebounded, a Labor Department report showed Tuesday. It was the strongest back-to-back readings since May and April. Including the volatile food and fuel categories, the index also advanced 0.2 percent. While weak global growth and a strong dollar...
↧