By PAUL WISEMAN, Associated Press Economics Writer

WASHINGTON (AP) — U.S. producer prices fell unexpectedly last month, dropping 0.1% from July.

The Labor Department reported Wednesday that its producer price index — which captures inflation in the supply chain before it hits consumers — showed that wholesale inflation decelerated in August after advancing 0.7% in July. Wholesale services prices fell 0.2% from July on smaller profit margins at retailers and wholesalers, which might be a sign that those companies are absorbing the cost of President Donald Trump’s sweeping taxes on imports.

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