Inflation stays low in Vancouver metro area
Friday, February 19, 2010
The cost of living in the Portland-Vancouver-Salem metropolitan area remained tame in the second half of 2009, according to a report Friday from the U.S. Bureau of Labor Statistics.
While gas prices increased from earlier in the year, they remained below 2008 levels, providing fresh evidence that inflation is not an issue for the still weak local economy. The data mirrors national inflation trends.
The Portland metro area saw an over all inflation rate of 0.5 percent in the second half of 2009 as compared with the same period in 2008, said the bureau report.
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