WASHINGTON (

TheStreet

) -- Consumer prices inched up in October, as energy and new-car prices increased.

The Labor Department said the consumer price index rose 0.3% during the month, as new car prices jumped 1.6%, the most in 28 years. Economists expected the index to grow 0.2% to the median of 78.

Excluding food and energy, the core index advanced 0.2%.

-- Reported by Jeanine Poggi in New York

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