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US consumer inflation slows in November

US consumer inflation ticked down to 3.1%, on the back of cooling gasoline prices, according to Department of Labor data. (Photo: AFP)

WASHINGTON – Consumer inflation in the United States edged down for a second straight month in November, government data showed Tuesday, in encouraging news for policymakers seeking to get prices under control.

The consumer price index (CPI), a closely eyed gauge of inflation, rose 3.1% from a year ago, said the Department of Labor,…

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