U.S. data signals recovery, little inflation risk

By Lucia Mutikani

WASHINGTON (Reuters) – U.S. consumer prices edged up in September, the number of workers filing new claims for jobless benefits dropped to a nine-month low last week and New York state factory activity perked up this month, more proof the economy was healing after a protracted recession.

“This is supportive for a V-shaped recovery. It is also supportive of those…

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Tags: consumer prices, economic condition, economic recovery, good economic news, inflation, Positive Economic News