Politics

Falling energy prices push inflation to zero in September, but core heats up

Falling energy prices held inflation to a standstill in September, the Bureau of Labor Statistics reported Thursday morning.

Core inflation, however, is on the rise, in a development that will be viewed by the Federal Reserve as a sign that the economy is still heating up.

Consumer prices were unchanged from a year ago in September, after rising slightly above zero on an annual basis in recent months.

Month-to-month, prices were down 0.2 percent between August and September, right in line with private sector economists' expectations.

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