The first sign of possible inflation was a 10.2 percent surge in the money supply for May.

But the department also said that prices paid by consumers showed little sign of inflation.

The government, however, stressed repeatedly that there was no sign of inflation in the economy.

Still, there are almost no signs of inflation in the economy now.

Second, there is still no real sign of inflation.

Growth was seen as moderating with few signs of inflation.

Analysts monitor the capacity rate for signs of future inflation.

The operating rate is closely watched as a sign of possible future inflation.

Yet the jump in jobs and wages comes with little sign of inflation.

It has been below that figure for more than a year now without any sign of inflation.