The pace of inflation has worsened in the Bay Area, driven by a jump in consumer prices.
The pace of inflation has worsened in the Bay Area, driven by a jump in consumer prices for a broad range of categories, the government disclosed Tuesday in a disquieting new report.
That was a considerably faster annual increase than the 4.9% increase in consumer prices that the government reported for the Bay Area in December. The government announces updates for the Bay Area’s overall inflation rate every two months. The price paid by consumers for natural gas piped into the home by utilities soared by 32.6% in February, nearly matching the 34.5% increase in January, the Bureau of Labor Statistics reported.
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