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The CPI report showed inflation fell to 3% as grocery price increases eased. Taking out gas and food, price gains eased more than expected but stayed elevated,

United statesDavid ramachandranJohn otrakounMedora leePaul davidsonLabor departmentConsumer expendituresBureau of economic analysisUs bureau of labor statisticsMacro researchFederal reserveShow fedHigh frequencyLabor statisticsConsumer price indexConsumer expenditures survey