Consumer Prices in U.S. Picking Up Excluding Food, Energy

November 17, 2015 2:06 PM

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Consumer Prices in U.S. Picking Up Excluding Food, Energy

The cost of living excluding food and fuel rose again in October after picking up the prior month, showing inflation edging closer toward the Federal Reserve’s goal.

The core consumer-price index increased 0.2 percent for a second month as rents continued to climb and health-care costs rebounded, a Labor Department report showed Tuesday. It was the strongest back-to-back readings since May and April. Including the volatile food and fuel categories, the index als...

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