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Producer worth index September 2024:

A measure of wholesale prices showed no change in September, pointing to a continued easing in inflation, the Labor Department reported Friday.

The producer price index, which measures what producers get for their goods and services, was flat for the month and up 1.8% from a year ago. Economists surveyed by Dow Jones had been looking for a monthly gain of 0.1% after August’s increase of 0.2%.

Excluding food and energy, the PPI rose 0.2%, meeting expectations.

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