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U.S. October consumer price likely increased

In the United States, the consumer price data for October is due on 17th November. Higher retail price and likely increase in core goods and services costs may cause the headline CPI to increase in the reference period.

"Our projections, if accurate, would place the CPI 0.2% above the figure recorded in October 2014. The year-to-year growth of the core subindex, meanwhile, is expected to remain at 1.9%", estimates Societe Generale.

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