Low Gas Prices Keep Inflation Down For Coloradans

December 15, 2015

Coloradans and residents of other western states spent less last month on food, clothes and gasoline, according to the Consumer Price Index for the West.

Overall, prices in Colorado and 12 other states fell 0.2 percent from October. The drop in gas prices is a big factor. Housing costs fell slightly, while the price of medical care rose .5 percent last month.

The West’s consumer price index is up 1.5 percent from November of last year. The index is considered an important measure of inflation. 

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