I was a bit distracted last month, so I missed the latest inflation data for Pittsburgh covering the 2nd half of 2011. The short story is gasoline is up in itself and you see the energy transportation costs filtering through a lot of other things. Other than gasoline, electricity costs over the year are +11 percent over the year. so even though “Utility (piped) gas service” is down 5.9% (the biggest drop in any category) overall household energy costs are up 7.5%.
Other than the natural gas costs coming down, the smallest price increase was in “Alcoholic Beverages” with an increase of 0.5 percent over the year. So in real terms, big drop in alcohol prices. What is up with that? It all adds up to the cheapest thing to do is to not travel and just drink at home.
Anyway, this is the overall inflation trend for the region: