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Oahu inflation down during first half of 2013

By Star-Advertiser Staff

POSTED:
LAST UPDATED: 07:48 a.m. HST, Aug 15, 2013



Relatively stable prices for a variety of consumer goods and services kept inflation muted on Oahu during the first half of the year, according to a government report released today.

Inflation as measured by the Consumer Price Index rose 1.8 percent during the first six months of 2013 compared with the same period a year earlier, the U.S. Department of Labor reported. That was down from a 2 percent increase in the index during the second half of 2012 from a year earlier.

Among the major components of the index the biggest increase was in the cost of food and beverages, which rose 3.9 percent. Medical care increased 2.8 percent and the cost of shelter went up 2.2 percent.

Electricity prices meanwhile, rose a scant 0.4 percent while the cost of gasoline and apparel fell 0.7 percent and 2.3 percent respectively.







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serious wrote:
This may seem off the subject, but if we are talking about the Hawaiian economy, I just saw that WA state which is legalizing marijuana expects to get 2 BILLION DOLLARS in revenue in the next five years. They already get tons in gambling revenue. And all we get is the Jones Act and the #1 State for all the wrong reasons.
on August 15,2013 | 08:00AM
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