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  • West Region Prices up 1.5 Percent Over the Year
    by kcsg.com news
    Published - 07/16/13 - 11:20 AM | 0 0 comments | 14 14 recommendations | email to a friend | print
    (KANSAS CITY, MO) - According to data released by the U.S. Bureau of Labor Statistics, the Consumer Price Index for All Urban Consumers (CPI-U) in the West Region edged up 0.1 percent in June following an increase of 0.2 percent in the previous month. Higher prices for shelter, gasoline, and medical care had the largest upward impact on the monthly index, while lower prices for apparel were the largest offsetting movement.

    The CPI-U for the West region rose 1.5 percent from June 2012 to June 2013 led by an increase of 2.6 percent in shelter costs. Food prices rose 1.2 percent and energy prices were up 0.9 percent. Excluding food and energy, the index for the West increased 1.6 percent over the year.

    Among the regions, the index for the South rose 0.4 percent and prices in the Midwest were up 0.3 percent in June. Over the year, prices advanced 2.2 percent in the Midwest and 1.9 percent in the South. Price increases in the Northeast matched those of the West at 0.1 percent for the month and 1.5 percent over the year.

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