Inflation within the Bay Space barely budged in June, in an indication client costs are rising at a sedate tempo, partly as a result of gasoline costs have plunged within the area, a brand new authorities report exhibits.
Bay Space client costs rose simply 1.5% in June as measured over a one-year interval, the U.S. Bureau of Labor Statistics reported.
Nationwide, client costs rose at a modest 2.7% in June, the federal labor company reported.
Right here is how client costs modified for some key elements of the general inflation index within the Bay Space, in line with the brand new report.
The numbers all replicate annual modifications in costs:
— Meals, up 2.8% over a one-year interval
— Meals consumed at residence, up 3.5%
— Meals away from residence, up 2.2%
— Meat, poultry, fish, and eggs, up 6.4%
— Fruit and greens, up 3.6%
— Dairy merchandise, up 1.4%
— Cereal and bakery merchandise, up 0.1%
— New and used automobile costs, up 1%
— Gasoline costs (common unleaded), down 3.7%
— Attire prices, down 14.5%
Gasoline costs have now declined within the Bay Space for 4 consecutive months. Fuel costs have additionally declined for 11 of the previous 12 months, as measured by the value change over a one-year interval.
The general inflation fee within the Bay Space has remained subdued in latest months.
The report for April confirmed a yearly improve of 1.3% for Bay Space client costs, the federal company reported.
Initially Printed: July 15, 2025 at 9:05 AM PDT
