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LATEST US DATA

Cost of living up more than expected in Feb

Core consumer-price index rises 0.2 per cent for second month, says Labor Department

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An improving job market is helping to underpin consumer confidence, giving US firms a little more pricing power.

Washington

THE cost of living in the US excluding food and fuel rose more than forecast in February, reflecting broad-based gains that helped keep a floor under inflation.

The so-called core consumer-price index climbed 0.2 per cent for a second month, a Labor Department report