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Oct 15, 2009 8:37 AM by Associated Press

Inflation rises in September

Inflation pressures remained modest in September even though gasoline prices edged higher.

The Labor Department said Thursday that consumer prices rose 0.2 percent last month, matching economists expectations. Prices excluding energy and food were also up 0.2 percent, slightly higher than the 0.1 percent increase analysts had forecast.

Over the past 12 months, consumer prices are actually down 1.3 percent, reflecting a severe recession which has kept a lid on price pressures across a wide range of products and services.

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