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CPI-Consumer prices flat in November:

By Rex Nutting
Last Update: 8:30 AM ET Dec 15, 2006

http://tinyurl.com/yfa6j5

WASHINGTON (MarketWatch) -- U.S. consumer prices were unchanged in November, as lower energy and car prices offset increases in costs for homeownership and medical care, the Labor Department reported Friday.

Core prices - which exclude volatile food and energy prices - were also unchanged in November, the lowest core inflation since June 2005.

Economists expected 0.2% gains for both headline and core inflation.

The CPI is up just 2% in the past year, following 0.5% declines September and October and November's flat reading.

The core CPI is up 2.6% in the past year. Core inflation has risen at a 1.6% annual rate in the past three months.