Producer Price Index Falls in September

AP Photo
The Associated Press

From Myles Udland writing at Business Insider:

Producer prices fell more than expected in September as inflation is simply nowhere to be found.

Prices received from domestic service and goods fell 0.5% in September against the prior month, according to the latest producer price index.

This was more than the expected 0.2% drop.

Over the prior year, prices fell 1.1%, more than the 0.8% retreat that was expected.

Read the rest of the story at Business Insider.