WASHINGTON — Overall consumer prices were unchanged in September as a big decline in energy costs offset small gains in other areas.
The Labor Department says the flat reading in its Consumer Price Index for September followed a tiny 0.1% August increase and left prices over the past 12 months rising at a modest annual rate of 1.7%.
Core inflation, which excludes volatile energy and food prices, was up a tiny 0.1% in September and 2.4% over the past 12 months. That was the same 12-month rise for core prices as in August and both of those 12-month gains were the biggest July 2018.
Martin Crutsinger, The Associated Press