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Consumer Prices in U.S. Excluding Fuel Rise More Than Forecast

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Prices in the U.S. excluding fuel and food increased more than forecast in October as a drop in energy costs failed to filter through to other goods and services.

The so-called core measure of the consumer-price index climbed 0.2 percent, the most in five months, after rising 0.1 percent in September, a Labor Department report showed today in Washington. The total cost of living was little changed last month, reflecting cheaper gasoline. The median forecast of 84 economists surveyed by Bloomberg called for a 0.1 percent drop.