In September, expectations for wholesale prices were not met as they remained unchanged.

• Despite economists expecting a 0.1% monthly increase, the producer price index remained unchanged and was only up 1.8% from the previous year.
• Excluding food and energy, the PPI rose 0.2%, meeting expectations.
• A 0.2% increase in services was offset by a 0.2% decline in final demand goods prices.

The Labor Department reported on Friday that no change in wholesale prices was observed in September, indicating a continuation of the easing in inflation.

The producer price index remained unchanged for the month and increased by 1.8% compared to the previous year. Economists predicted a monthly increase of 0.1% after August's rise of 0.2%, but the actual result was flat.

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

The consumer price index, a widely followed inflation measure, increased by 0.2% for the month and 2.4% from a year ago, according to a report that came a day after the Labor Department's report.

On Wall Street, stock market futures slightly increased while Treasury yields rose on longer-duration securities, with markets showing little reaction to the data.

The releases suggest that although inflation has slowed down from its peak more than two years ago, it remains above the Federal Reserve's 2% target.

The PPI, excluding trade services, increased 0.1%, while a 0.2% decline in final demand goods prices offset a 0.2% increase in services.

While the cost of deposit services increased by 3%, the price of professional and commercial equipment wholesaling decreased by 6.3%.

The main factor in the decrease in final demand for energy was a 2.7% slide. Additionally, the index for gasoline fell by 5.6%, preventing any gains on the goods index. The price of diesel fuel dropped by 17.6%.

Although some aspects such as shelter, food, and vehicle costs have remained stubbornly high, fed officials are confident that inflation will return to its target, despite policymakers being divided over the decision to reduce the Fed's benchmark interest rate by half a percentage point.

Officials anticipate continuing to reduce as long as the data suggests. Markets predict the Fed will cut by a quarter percentage point at each of its two upcoming meetings this year.