Consumer Price Index increases for the first time since June 2022

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The latest inflation read shows an uptick for the first time in more than a year.

The Consumer Price Index rose 0.2 percent last month and is up 3.2 percent on the year.
Shelter was the largest contributor accounting for more than 90 percent of that increase.

Energy costs rose 0.1 percent, with food costs rising 0.2 percent.