Wholesale Prices Flat in August

Washington, DC, Sept. 16, 2014 -- Wholesale prices in August were flat due to declining gasoline and food costs, according to the Labor Department.

It was the lowest reading in the producer price index since December. Core prices, which exclude volatile categories like food and energy, rose 0.2%.

Over 12 months, producer prices rose 1.8%, down from 2% in May.