US consumer prices unchanged in September
Posted October 10, 2019 7:00 am
WASHINGTON (AP) - Overall consumer prices were unchanged in September as a big decline in energy costs offset small gains in other areas.
The Labor Department says the flat reading in its Consumer Price Index for September followed a tiny 0.1% August increase and left prices over the past 12 months rising at a modest annual rate of 1.7%.
Core inflation, which excludes volatile energy and food prices, was up a tiny 0.1% in September and 2.4% over the past 12 months. That was the same 12-month rise for core prices as in August and both of those 12-month gains were the biggest July 2018.
In this Tuesday, Sept. 17, 2019 photo, a car fills up at a gas pump in Orlando, Fla. On Thursday, Oct. 10, the Labor Department reports on U.S. consumer prices for September. (AP Photo/John Raoux)
The Associated Press
In this Aug. 21, 2019, photo a worker stocks a produce stand at a metro station in Atlanta. On Thursday, Oct. 10, the Labor Department reports on U.S. consumer prices for September. (AP Photo/David Goldman)
The Associated Press
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