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Consumer prices fall on lower energy prices

Housing starts and permits also decline in December, adding to weak data that have raised concerns over the health of the economy

Published Wed, Jan 20, 2016 · 09:50 PM
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Washington

US CONSUMER prices unexpectedly fell in December as the cost of energy goods dropped and services rose moderately, a trend that if sustained suggests inflation could be slow to rise towards the Federal Reserve's target. And a drop in housing starts and permits also does not augur well for the economy.

The Labor Department said on Wednesday its Consumer Price Index …

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