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Consumer Prices in U.S. Rise 0.1% as Inflation Remains Muted

From bloomberg.com

The cost of living in the U.S. barely rose in September, leaving inflation below the Federal Reserve’s goal as fuel prices plunge this month. The consumer-price index climbed 0.1 percent after decreasing 0.2 percent in August, a Labor Department report showed today in Washington. The median forecast of 84 economists surveyed by Bloomberg called for no change. Excluding volatile food and fuel, the so-called core measure also advanced 0.1 percent after being little-changed in August. A slowdown in global economic growth and declining energy and commodity costs will restrain overall price pressures this month, ... (full story)

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