Honolulu CPI rises 0.2 percent
| • | Nation's consumer prices up 0.3 percent last month |
Advertiser Staff
Consumer prices on O'ahu rose by a modest 0.2 percent in the second half of 2002 as lower food and gasoline costs tempered rising home and electricity prices.
The federal Consumer Price Index rose 1 percent over the same period a year earlier, the U.S. Labor Department reported yesterday.
During the last six months of 2002, Honolulu's Consumer Price Index rose to 180.4. That means a basket of goods and services that cost $100 in 1982 cost $180.40 in the last half of 2002.
Housing, one of Honolulu's hottest sectors last year, rose 0.8 percent in the six-month period ended Dec. 30, or 1.5 percent from the same 2001 period.
The fuel and utilities index rose 6.6 percent, or 1 percent over the 2001 period, while household furnishings and operations rose 3.2 percent, or 2.1 percent over the comparable period in 2001.
