Core U.S. producer prices fall most in more than 4 years

CORE PRODUCER prices in the U.S. decreased 0.3% in September from the prior month. / BLOOMBERG NEWS FILE PHOTO/SERGIO FLORES
CORE PRODUCER prices in the U.S. decreased 0.3% in September from the prior month. / BLOOMBERG NEWS FILE PHOTO/SERGIO FLORES
WASHINGTON – A measure of underlying United States producer prices posted the biggest monthly drop in more than four years, adding to signs of tame inflation pressures that potentially offer Federal Reserve policy makers more leeway to lower interest rates. The dollar fell. Excluding food and energy, producer prices decreased 0.3% in September from the…

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