Meanwhile, the monthly rise in auto sales was 3.6% in September, with unit sales reaching a 12-year high, and sales of building materials and garden equipment were up 2.1% on the month.
The Consumer Price Index grew 0.5% in September on a seasonally adjusted basis, according to U.S. Bureau of Labor Statistics.
Excluding food and energy prices, core producer prices still rose by 0.4 percent in September after inching up by 0.1 percent in August.
The increase in consumer prices was largely due to a jump in energy prices, which soared by 6.1 percent in September after jumping by 2.8 percent in August. The Labor Department added that Hurricane Irma has a "small impact" on the data collection.
"Diet Avocados" Have Just Been Discovered
You never know though, trends catch on quickly and we could shortly be seeing diet avocados in the local corner shop. Isla Bonita's diet avocados aren't the first low-fat pre-guacamole fruit to have been promoted.
Core inflation. CPI ex food and energy is forecast to tick higher to 1.8% from 1.7%.
Germany's inflation held steady, as initially estimated, in September, final data from Destatis showed Friday.
"Overall, with temporary factors weighing on core inflation and the activity data still suggesting that economic growth is strong, we still think that the Fed will press ahead and raise rates in December", said Michael Pearce, U.S. economist at Capital Economics. Officials were split on whether to hike rates for the third time this year, which would likely be in December.
The year-over-year reading is expected to rise to 2.3% from 1.9%.
White restaurant manager enslaved black buffet cook
In addition to possible prison time if he's convicted, Bobby Edwards would face paying mandatory restitution to the victim. The lawsuit accused Bobby of holding more than $30,000 of Smith's earnings in a bank account that Smith had no access to.
"I$3 t's worth noting that the CPI number is not the Fed's preferred measure of inflation but it is released a couple of weeks before the core PCE price index and there is followed closely for signs of price pressures building or declining", Craig Erlam, senior market analyst at OANDA, said in emailed commentary.
U.S. Treasury yields dipped and the dollar rose slightly on Thursday as investors awaited U.S. inflation data while Wall Street stock indexes fell as earnings season kicked off with a whimper.
The pan-European FTSEurofirst 300 index rose 0.01 percent and MSCI's gauge of stocks across the globe gained 0.12 percent.
Sterling last traded at $1.3273, up 0.39 percent on the day.
Clive Adamson Acquires 934 Shares of Ashmore Group plc (ASHM) Stock
Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Granite Invest Prtn Ltd Limited Liability Company holds 0.12% in Stagecoach Group plc (LON:SGC) or 79,815 shares.
The dollar, which was yoyoing against the pound all morning, fell again to 1.3320 on the news to extend losses on the day to 0.44%, while spiking down on the euro 0.3% to 1.1866. The Japanese yen was up by 0.5% at 111.77 per dollar.