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Wholesale Prices in U.S. Unexpectedly Fell in September on Food

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Boo!'Inflation' not a problem at this time. ;))

Wholesale Prices in U.S. Unexpectedly Fell in September on Food
By Victoria Stilwell & Shobhana Chandra - Oct 29, 2013 8:30 AM ET

Wholesale prices in the U.S. unexpectedly dropped in September as food costs retreated, an indication inflation remains tame.

The 0.1 percent decrease in the producer price index followed a 0.3 percent gain the prior month, a Labor Department report showed today. The median estimate in a Bloomberg survey of 80 economists called for a 0.2 percent advance. The so-called core measure, which strips out volatile food and fuel, increased 0.1 percent after being unchanged in August.

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