Mar 15, 201705:28 PMBlog

Inflation rates higher here

Mar 15, 2017 - 05:28 PM

U.S. Bureau of Labor Statistics released its newest report of Consumer Price escalations today, and it shows the Index grew more in the Tacoma-Seattle-Bremerton measurement than for the nation as a whole.

CPI-U, the inflation index for all urban consumers, went up 3.4 percent for the 12 months ended February 2017 locally, but just 2.7 percent for the average of all U.S. cities.

The same measure for Urban Wage Earners and Clerical Workers was up 3.7 percent in Tacoma-Seattle-Bremerton and only 2.8 percent for the average of all American cities.

Bottom-line, costs of typical consumer purchases here in the “booming” western Washington marketplace are rising faster than in the rest of the country. For anyone who made a recent grocery store or gas pump purchase, that might qualify as “duh.”

Here is the link to these data tables directly.

            

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