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Despite a sharp drop in gasoline, area consumer prices rise slightly

Prices at the gasoline pump fell 5.4 percent.
Prices at the gasoline pump fell 5.4 percent. The Associated Press

Consumer prices in the Kansas City area rose slightly from the second half of 2013 to the second half of last year despite a sharp decline in gasoline prices, the U.S. Bureau of Labor Statistics reported Thursday.

The area’s inflation rate rose 0.6 percent in the latest 12-month period, largely because of higher costs for food and shelter, the report said.

Prices at the pump fell 5.4 percent and costs for electricity declined 2.8 percent. However, natural gas prices climbed 4.6 percent from the second half of 2013, the report said.

| The Star

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