U.S. producer prices fall for first time in over a year

Prices received by U.S. producers fell in September for the first time in over a year, a potentially worrisome sign for the economy in that inflation appears to be failing to gain traction. U.S. producer prices slipped 0.1 percent last month, the Labor Department said on Wednesday. While many …

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U.S. producer prices fall for first time in over a year