NEW YORK (CNN/Money) -
Wholesale prices rose in September, as the latest reading of inflation came in roughly in line with Wall Street forecasts.
The Labor Department's Producer Price Index, which measures prices at the wholesale level, rose 0.1 percent in September, compared to a 0.1 percent decline in August. The September increase was in line with forecasts of economists surveyed by Briefing.com.
The so-called core PPI, excluding often volatile food and energy prices, increased 0.3 percent in the month, compared to a 0.1 percent decrease in August. Economists surveyed by Briefing.com forecast that core PPI would come in 0.2 percent higher in the most recent month.
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