Inflation starts to cool off in Bay Area as prices ease — finally

Consumer prices in the Bay Area finally started showing some signs of cooling off, although the annual increases in living costs in the region remain far higher than is typical — or desirable — a new government report shows.

The Bay Area inflation rate in December was 4.9% on an annual basis as measured over the one-year period that ended last month, the U.S. Bureau of Labor Statistics reported.

Over the most recent two months, however, consumer prices fell by 0.3%, offering some hope that inflation has peaked in the Bay Area.

The 4.9% increase in consumer prices remains far above the typical annual increase of about 2% to 3%

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