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U.S. Prices, Wages Rise at Fastest Pace in Decades

Mount Equity Group Tokyo Japan > News > Markets > U.S. Prices, Wages Rise at Fastest Pace in Decades

Consumer prices rose at the fastest pace in 30 years in September while workers saw their biggest compensation boosts in at least 20 years, according to new government data released Friday.

Consumer spending also rose in September despite the expiration of enhanced unemployment benefits, the data showed.

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