U.S. consumer prices remain flat
WASHINGTON — U.S. consumer prices stayed flat in November, held down by falling gas prices.
The consumer price index was unchanged last month, after dropping 0.1 percent in October, the Labor Department said today.
Gas prices declined 1.6 percent in November to keep overall prices down.
High unemployment and small wage increases have kept consumers from ramping up spending, making it difficult for businesses to raise prices since the Great Recession ended.
