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ECONOMY
Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982.

-Inflation rose 6.8% from a year ago in November, slightly higher than estimates according to the consumer price index released Friday.

-Excluding food and energy, the CPI increased 4.9%, in line with expectations.

-Surging prices for food, energy and shelter accounted for much of the gains.

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