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Consumer prices flat in November Reuters via Yahoo! News U.S. consumer prices held steady in November, confounding expectations of a small rise, as energy and vehicle costs dropped, according to a government report on Friday that eased inflation worries. US consumer prices flat in November AFP via Yahoo! News Inflation took a breather in November as US consumer prices held flat, the Labor Department has said in a report that lifted hopes for cuts in interest rates next year. Consumer prices flat in November Reuters via Yahoo! News WASHINGTON (Reuters) -U.S. consumer prices were unexpectedly flat in November on a drop in energy costs and prices were also unchanged from the previous month when volatile food and energy costs were stripped out, defying forecasts of an uptick in core prices, a government report showed on Friday. Oil prices rise as traders digest OPEC cut AFP via Yahoo! News World oil prices have advanced after a decision by the Organization of Petroleum Exporting Countries to cut output further from February, dealers said. Oil prices remain above $62 a barrel AP via Yahoo! News Oil prices held above $62 a barrel Friday, a day after a spike caused by OPEC's decision to maintain current production levels for now but to cut output in February. US prices steady on cheaper fuel BBC News US consumer prices were unchanged in November, as the cost of petrol continued to fall, data shows. Prices of Imported Goods Rose in November New York Times Prices of goods imported into the United States rose last month for the first time in three months because of an increase in the cost of natural gas purchases. U.S. Economy: Consumer Prices Unchanged, Reassuring Bernanke Bloomberg.com Dec. 15 (Bloomberg) -- U.S. consumer prices were flat in November, surprising economists who projected an increase and reassuring Federal Reserve policy makers that inflation will be held in check. British Gas Owner Cuts Prices, Jobs AP via Yahoo! Finance Centrica PLC, the country's largest supplier of gas and electricity, said Friday it will cut retail prices and slash more than 1,300 jobs as it attempts to stem a flood of departing customers. Consumer Prices in U.S. Were Unchanged Last Month Update2 Bloomberg.com Dec. 15 (Bloomberg) -- U.S. consumer prices held steady in November after falling for two months, reassuring Federal Reserve policy makers who this week labeled inflation as a risk to the economic expansion.
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