US stock indices fell on Wednesday after Dow Jones marked the worst daily performance in two years yesterday following inflation data.
Earlier US inflation data showed consumer prices rose 8.3% in August, beating estimates of 8.1%, while still below 8.5% in the previous reading.
Core prices, excluding food and energy, rose 6.3%, above estimates of 6.1%, and above the previous reading's 5.9% increase.
US producer prices fell 0.1% in August m/m as expected, improving from July's 0.5% drop.
Core prices, excluding food and energy, rose 0.4%, beating estimates of 0.3%, and up from 0.2% in the previous reading.
Dow Jones shed 0.3%, or 100 points to 31,002 as of 14:30 GMT, while S&P 500 slipped 0.2% to 3923, as NASDAQ inched down 0.1% to 11,626.