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US Core CPI Cooled, Retail Sales Stalled in April
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A measure of underlying US inflation decelerated in April for just the first time in six months, as the so-called core consumer price index, which excludes food and energy costs, increased 0.3% from March. US retail sales stagnated in April after downwardly revised gains in the prior two months, according to government data out Wednesday. Michael McKee reports on Bloomberg Television.
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