US personal incomes rose 0.7% in January 2006, but higher inflation eroded most of the gains, US Commerce Department reported. Consumer inflation increased 0.5% in January 2006 on higher energy costs. Core inflation increased 0.2%.
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US personal incomes rose 0.7% in January 2006, but higher inflation eroded most of the gains, US Commerce Department reported. Consumer inflation increased 0.5% in January 2006 on higher energy costs. Core inflation increased 0.2%.