PG&E vehicles parked at the utility’s service center in Oakland.
The pace of inflation has worsened in the Bay Area, driven by a jump in consumer prices for a broad range of categories, the government disclosed Tuesday in a disquieting new report.
The Bay Area inflation rate as measured by consumer prices rocketed higher by 5.3% on a yearly basis in February, the U.S. Bureau of Labor Statistics reported.
That was a considerably faster annual increase than the 4.9% increase in consumer prices that the government reported for the Bay Area in December. The government announces updates for the Bay Area’s overall inflation