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Inflation, which has remained tame even as oil prices soared in recent months, may finally be on the rise.
Consumers paid 0.8 percent more for a host of common retail goods in November, the biggest monthly increase since Hurricane Katrina, the government reported Friday. A less-volatile measure of the Consumer Price Index, which excludes food and energy costs, ticked up 0.3 percent, suggesting that price increases are bleeding into the broader economy.
