California News

California Cities Lead U.S. In Inflation

Fresno Bee-

Nationally, consumer prices are barely moving, with inflation clocking in at just 1.8% for May. But if you live in a major urban area of California, you’ve noticed a much bigger hit.

Among the chief culprits? Housing costs.

The U.S. Bureau of Labor Statistics reported Wednesday that a handful of California metropolitan areas saw the greatest jump in the consumer price index in May. San Diego County saw the largest increase, with inflation rising 3.8% from a year earlier. That was followed by Los Angeles and Orange counties, where consumer prices rose 3.1%.

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