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Nov. 27 (UPI) — Personal Consumption Expenditures inflation in October rose 0.2%, an increase of 2.3% from a year ago. The Wednesday estimate from the Bureau of Economic Analysis was in line with Dow Jones expectations.
“The $72.3 billion increase in current-dollar PCE in October reflected an increase of $74.7 billion in spending for services and a decrease of $2.3 billion in spending for goods,” the BLS said in a statement.
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