News

Prices on the rise in Bay Area

Gas, food, shelter all increase, U.S. agency says

It's not just housing prices that are going up in the Bay Area, according to U.S. Bureau of Labor Statistics figures released last week.

The Consumer Price Index for all urban consumers in the greater San Francisco Bay Area, which reflects prices including housing, rose 1.2% for the two months ending with February, BLS officials said.

Over the past year, prices have increased 2.4%.

Energy prices, specifically gasoline, accounted for a portion of the increase, rising 3.5% over the past two months. Food prices rose only 0.2% during the same period, by comparison, according to the BLS.

Not surprisingly, shelter prices have also increased, 1.3% over the past two months and 4.1% over the past year, the BLS said.

An index measuring all items other than food and energy rose 1.2% over the past two months, and 2.9% over the past 12 months.

— Bay City News Service

Comments

 +   Like this comment
Posted by Will Croft
a resident of San Ramon
on Mar 25, 2014 at 6:30 am

Wait until the TAXES and fees for obama kill kick in----oh wait we all get a $2500 reduction and keep our drs. I predict a glorious revolt when seniors and their families see their loved ones be denied treatment. It's in the docs----time to view Soylent Green again.


 +   Like this comment
Posted by Louise
a resident of Danville
on Mar 25, 2014 at 8:36 am

The biggest cost to the taxpayer is the unfunded inflated pensions of public employees, aka, police, firefighters, city and county workers, etc. Our attorney general Kamala Harris just wrote her interpretation of the law when a congressman tried to allow this to go to a vote of Californians and it was shot down by her stating that a vote on public employee (unions) pensions was unconstitutional. As long as we have people like Ms. Harris in power, California will continue to be run by the corrupt left who support unions over the taxpayers. We will all drown in taxes and high costs of these pentions. We need to change who is in office now!


 +   Like this comment
Posted by Joe
a resident of San Ramon
on Mar 25, 2014 at 9:37 am

Hello Will & Louise,

If you are concerned about taxes, I believe the real problem is the enormous military budget, spending hundreds of billions of dollars on planes nobody wants and nuclear weapons.


 +   Like this comment
Posted by Kathryn
a resident of Walnut Creek
on Mar 25, 2014 at 2:34 pm

Is there someone out there that can share the pensions, perks(esp. their own health care benefits since they opted themselves out of the Affordable Health Care Act), post retirement clerical help, etc. of our elected officials? I do not know, really, how much they are paying themselves with all the perks. What will they cost us with their retirement? What are we currently paying for the retirement of past presidents, congresspersons, etc.

Having been a public employee most of his adult life, what will Jerry Brown's "take home" be when he is no longer a public servant? Is he able to "double dip" from the various public jobs he has held?


 +   Like this comment
Posted by Juan
a resident of Danville
on Mar 25, 2014 at 3:19 pm

A moderate price increase is good - usually that will lead to income growth since that is the only way to support it.

Please don't start bashing public employees and pensions, they have nothing to do with CPI. Ignorant fools!


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