Feb 22nd @ 7:07 am in News by Scott Staley

Bureau Of Labor Statistics

Area prices were up 0.3 percent over the past month, up 1.7 percent from a year ago
Prices in the West Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.3 percent in January, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Stanley W. Suchman noted that the January increase was influenced by higher prices for shelter, electricity, and food. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect seasonal influences.)  Over the last 12 months, the CPI-U rose 1.7 percent. (See chart 1.) Energy prices decreased 0.8 percent, largely the result of a decrease in the price of gasoline. The index for all items less food and energy advanced 1.9 percent since January 2012.