U.S. consumer prices grew by 1.5% year on year in September, the biggest increase since October 2014, according to Labor Department’s data. Consumer prices increased 0.3% last month compared to August which is the most significant growth since April. The Wall Street Journal analysts had also expected an increase in prices by 0.3%. In August, the U.S. consumer prices rose by 1.1% year on year and by 0.2% compared with the previous month. 

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