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Hawaii News

Honolulu’s inflation rate rose 1.9% in 2018


    “Our economy is growing slower than the U.S., so it is consistent with the economic growth.”

    Eugene Tian

    Chief economist, state Department of Business, Economic Development and Tourism

  • DENNIS ODA / NOV. 23, 2018

    Isle economists say growth is slowing despite record numbers of visitor arrivals and spending. Ala Moana Center is packed with shoppers on a summer day.

Honolulu inflation rose just 1.9 percent last year, its slowest pace since 2015, as a sharp gain in energy prices was largely offset by decreases in the cost of apparel, education and communication, and small increases in food and beverages as well as shelter. Read more

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