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%.
Categories: California News