In June, the Bay Area experienced a 1.5% rise in consumer prices year-over-year, while nationwide prices increased by 2.7%. Food prices surged by 2.8%, with specific increases noted: food at home by 3.5%, meat and poultry by 6.4%, and fruit and vegetables by 3.6%. However, gasoline prices fell by 3.7%, contributing to a consistent decline observed over the past year. The overall inflation rate in the region has remained low, with a previous increase of 1.3% reported for April.
Bay Area consumer prices rose just 1.5% in June as measured over a one-year period, with nationwide consumer prices rising at a modest 2.7%. Consumer prices in the Bay Area show specific changes; food prices increased by 2.8%, with food consumed at home rising by 3.5%. Prices for meat, poultry, fish, and eggs increased by 6.4%. Gasoline prices decreased by 3.7%, contributing to a subdued inflation rate in the region.
Gasoline prices have now declined in the Bay Area for four consecutive months and have decreased for 11 of the past 12 months. The overall inflation rate in the Bay Area has remained comparatively low, with a yearly increase of 1.3% reported for April.
Collection
[
|
...
]