Inflation moderated in the United States last month, in a sign that the price increases that have hammered Americans are easing as the economy slows and consumers grow more cautious. The rose 7.7 percent in October from a year ago, marking the fourth straight month of declines from the 40-year high of 9.2 percent reached in June.Core inflation, excluding volatile food and energy prices, dipped to 6.3 percent on an annual basis, after hitting a four-decade high of 6.6 percent in September.
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