By Derek Draplin | The Center Square
(The Center Square) – Inflation in the Denver metro area has outpaced the national average in recent months, according to new data.
In February and March, prices in the area were up 0.22%, compared to 0.17% nationally, recent Bureau of Labor Statistics data shows.
“This has inverted the annual trend of national price growth outpacing Colorado,” the Common Sense Institute, a free-enterprise think tank, said in an analysis of the data.
Over the last 12 months, prices went up 1.9% in Denver while nationally prices increased 2.4%.
In February and March, costs went up for education and communications (5.34%), medical care (0.94%) and housing (0.53%). Costs went down for recreation (-1.3%), transportation (-.1%) and food (-.1%).