US consumer prices flat as gas costs keep falling

US consumer prices flat as gas costs keep falling
MGN-Online
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Wednesday, December 18, 2013 - 8:24am

High unemployment and small wage increases kept consumers from ramping up spending

The Houston Chronicle is reporting; U.S. consumer prices stayed flat in November, held down by falling gas prices. Inflation remains low across the broader economy, giving the Federal Reserve latitude to continue its extraordinary stimulus program.

The consumer price index was unchanged last month, after dropping 0.1 percent in October. To read more on the Labor Department's report: http://www.chron.com/news/article/US-consumer-prices-flat-as-gas-costs-keep-falling-5071192.php?cmpid=businesshcat
 

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