Core inflation jumps 0.3% in December


Photographs by AP file photo

An H&M store window advertises a sale at a mall in New York City. Consumer inflation rose just 0.1 percent in December, the smallest gain since October.

Overall U.S. consumer prices rose a scant 0.1 percent in December, slowed by falling energy prices. But a closely watched gauge called core inflation -- which excludes the volatile categories of food and energy -- surged 0.3 percent, the most in 11 months.

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