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October’s Inflation Rate Slows a Little, Though Food and Gas Prices Remain High

This story is part of Recession Help Desk, CNET’s coverage of how to make smart money moves in an uncertain economy.

After months of rapidly rising prices, inflation cooled in October more than experts anticipated, according to the latest government inflation data released Thursday by the Bureau of Labor Statistics.

The Consumer Price Index shows that overall inflation slowed to 7.7% year over year in October — the smallest…

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