11.   Inflation remains subdued in part because of corporate efforts to improve efficiency and increase the productivity of workers and factories.

12.   Inflation remains abated, with little change overall in prices.

13.   Most economists expect the FOMC will refrain from acting at the July meeting because inflation remains contained.

14.   Prices U.S. businesses paid for imported goods declined in August, the fourth consecutive drop and one more sign inflation remains at bay.

15.   Recent economic reports show the economy may be slowing as inflation remains under wraps, as McDonough said.

16.   Recent economic reports have shown the economy continues to grow at a moderate pace as inflation remains in check.

17.   Some investors think inflation remains benign, even though a report from the Federal Reserve Bank of Philadelphia suggested manufacturing in the region is rebounding.

18.   Still, reports on October import and consumer prices showed German inflation remains in check.

19.   Taken together, the figures show the economy is growing, but inflation remains muted.

20.   That should ensure retail price inflation remains in check.