Seattle’s one-year inflation rate remained steady in January and February as consumer prices rose 1.2 percent over the past 12 months, the Bureau of Labor Statistics reported Tuesday.
Overall consumer prices in the Seattle area increased 0.7 percent on a nonseasonally adjusted basis from December, due to higher prices for shelter and food.
Nationwide, overall prices climbed 1.1 percent over the past year, down from a 1.6 percent rise in January. The U.S. Consumer Price Index ticked up 0.1 percent from January to February, as lower gas prices offset higher food costs.
Unlike the national inflation rate, which is tracked monthly, prices for metro areas such as Seattle are measured every other month. They are not adjusted for seasonal variations.
- WSU study: 'Exploding head syndrome' more common than once thought
- Oregon Zoo elephant Rama euthanized; loved to paint
- Ivar's to raise restaurant workers' wages to $15 right away
- Orca baby boom continues with discovery of fourth calf
- Bertha's damaged cutter head emerges from pit
Most Read Stories
Local gasoline prices increased 0.7 percent for the two months ending in February, while food prices rose 0.8 percent.
Excluding food and energy costs, so-called core prices climbed 0.6 percent from December to February, led by a 0.9 percent rise in both shelter and medical care costs.
Two months ago, overall prices in the Seattle area had risen 1.3 percent over the past year.
Amy Martinez: 206-464-2923 or firstname.lastname@example.org. On Twitter: @amyemartinez