US Producer Price Index Unchanged on Decline in Gasoline Costs

US Producer Price Index Unchanged on Decline in Gasoline Costs

A measure of prices paid to US producers was unchanged in September, restrained by declines in gasoline, suggesting further progress toward tamer inflation.

The producer price index for final demand was flat from August after rising 0.2% in the prior month, according to a Bureau of Labor Statistics report out Friday. From a year ago, it rose 1.8% — the smallest advance since February.

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