Inflation Continues To Look Tame

Washington, DC, Dec. 15, 2011 --  Wholesale prices rose 0.3% last month, the Labor Department reported.

U.S. companies paid more for food and pharmaceuticals, while energy prices were essentially flat.
In the 12 months ending in November, wholesale prices have increased 5.7%, down from a 5.9% annual pace in October.

It's the smallest yearly increase since March. Excluding the volatile food and energy categories, the so-called "core" index rose 0.1%, after a flat reading the previous month.

In the 12 months ending in November, the core index rose 2.9%, up a yearly pace of 2.8% in October.