U.S. wholesale price growth in September flat compared to the previous month...below market expectations

The U.S. Labor Department said the U.S. producer price index remained at 0.0% month-on-month in September.

That's below the expert forecast compiled by Dow Jones and was up 1.8 percent year-over-year.

Excluding energy and food, the core producer price index rose 0.1% month-on-month, also below the 0.2% expert forecast.

Prices for final-demand goods fell 0.2% month-on-month, while those for final-demand services rose 0.2% month-on-month.

U.S. producer prices have grown 0.0-0.3% month-on-month since May, raising expectations for a continued slowdown in inflation.

Producer prices, also called wholesale prices, are considered a leading indicator of consumer prices in that they are reflected in final consumer goods prices with a certain time lag.