You may continue not to worry about inflation.
The Bureau of Labor Statistics has released its latest look at the Consumer Price Index for the Tacoma-Seattle area, and the good news is no news.
Overall prices were up 0.9 percent over the past two months, the bureau said, and show an increase of 1.8 percent year-over-year.
Blame natural gas and gasoline for the latest increase.
The price of piped utility natural gas was up 3.5 percent for the two-month period but remains down 12.4 percent over the year.
Petroleum products showed the highest two-month gains in the bi-monthly BLS tally, with gasoline fueling a 13.9 percent jump for the two months while remaining far below last year’s price, down 12.6 percent at the end of June when compared with June 2015.
Other CPI elements showed only minor movement for the period.
The cost of groceries dipped 0.8 percent for the two months, while food from outside the home saw a small gain of 0.4 percent. The cost of alcoholic beverages showed a 0.7 percent gain while the cost of clothing, typically a volatile category, fell 2.5 percent for the two months and remains positive by 2.7 percent over the year.
The overall cost of shelter rose 1.3 percent for the two months and is up 5.3 percent on the year.
The education and communication category showed a decrease of 1.0 percent for the two months and remains ahead by 0.6 percent for the year. The cost of medical care remains flat, down 0.6 percent for the two months while standing unchanged for the year.
C.R. Roberts: 253-597-8535