Consumer Prices, Food | featured news

The volume of not-from-concentrate orange juice sold in the U.S. fell for the first time in six months, as high prices deterred some consumers.

Rising food costs and higher rents offset a drop in gas prices last month, leaving consumer prices only slightly higher in October compared with the previous month.

Consumer prices rose modestly in January on higher costs for food, gas, rent and clothing.

Consumer prices increased slightly last month as food and energy costs ticked up, but there was little sign of widespread inflation. The Consumer Price Index rose 0.1 percent in November, less than the previous month's rise of 0.2 percent, the Labor Department said Wednesday. In the past year, prices have moved up only 1.1 percent.

The docile inflation performance reflected a second monthly drop in energy costs and a third consecutive decline in food prices.