Inflation in September fell to an annual rate of 2.4%, its lowest point since early 2021, as gas and energy costs continued to ease.

The consumer-price index rose 2.4% from a year earlier, the Labor Department said Thursday, after rising 2.5% in August.

The consumer price index is expected to have risen just 2.3 percent in September from 12 months earlier, down from the 2.5 percent year-over-year increase in August, according to economists surveyed by FactSet,

Wholesale prices in the United States were unchanged last month in another sign that inflation is returning to something close to normal after years of pressuring America’s households in the wake of C

Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the

Economist Paul Ashworth of Capital Economics noted in a commentary that Friday's report on producer prices suggested the September PCE inflation index would increase by 0.2 percen

Measured from month to month, prices increased 0.2% from August to September, the Labor Department reported Thursday, the same as in the previous month.

Key Takeaways The Produce Price Index for final demand, a measure of wholesale prices, stayed flat in September after rising 0.2% in August, beating expectations.The drop, due largely to a decrease in energy costs,