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The United States has reported a slightly higher than expected Consumer Price Index (CPI) annual rate of 3.7% for September 2021. This figure, which remains unchanged from the previous value of 3.7%, was anticipated to be 3.6%. The core CPI, which excludes volatile food and energy prices, was also higher than expected at an annual rate of 4.3%, compared to the previous value of 4.3% and an expected figure of 4.1%. These results indicate that inflation in the US economy remains high, raising concerns for policymakers and economists.
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