Denver has announced that the state’s rate of inflation has hit its lowest in three years.
The news means the Mile-High City’s inflation has hit under 3% and well below the United States average. The Denver-Aurora-Lakewood area would see this financial boon due to outsourced food and gasoline prices.
Denver tops the low inflation charts
The news comes from the U.S. Bureau of Labor Statistics’ bi-monthly update. The government institution has been tracking Denver’s inflation as far back as a little over a year ago Americans were struggling with the hefty price of things like food and gas.
At this time Denver was facing the worst inflation in the state’s recent history
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