New BLS Data: Anchorage prices up 3.6% over the year, led by rising gasoline prices
The latest Consumer Price Index news release for the greater Anchorage area is now available from BLS at http://www.bls.gov/ro9/cpianch.pdf.
Items of note include:
- Area prices increased 1.1% in the second half of 2011, and 3.6% over the last 12 months
- Energy prices rose 10.1% over the year, influenced by increasing gasoline prices (up 14.8%) and electricity prices (up 9.6%)
- Natural gas service prices decreased 7.6% over the year
- Food prices rose 2.6% from the first half of 2011, while up 5.5% over the last 12 months
Nationally, prices have increased 2.9% over the last 12 months – (click here for National News Release)