US Inflation Unchanged in November 2013, Annual Inflation Rate Rises

US inflation was unchanged in November from a month earlier as lower gasoline and natural gas prices offset what American’s had to pay for pricier items like food, shelter and transportation, this according to consumer price data published Tuesday by the government.

Annual inflation did bounce higher from the last reading, though that one went down as the smallest 12-month increase in four years. The bottom line, US inflation remains tame from the standpoint of economists and well under the Fed’s target. Continue reading US Inflation Unchanged in November 2013, Annual Inflation Rate Rises