The Denver-Aurora-Lakewood Consumer Price Index showed no movement between July and September.
The Denver-Aurora-Lakewood Consumer Price Index showed no movement between July and September, although various items in the basket of goods to measure inflation did shift around, according to
Housing costs, a dominant item in the CPI, are down 0.6% over the past two months and up 1.4% on the year, matching the overall rate. The cost of eating out, however, remains a pinch point for Denver-area consumers, with prices up 0.5% since July and 5.8% since September 2023. Clothing costs, which had been falling much of the year, shot up 6.8% since July but remain 5% below year-ago levels. Other goods and services, a broad category, saw prices increase 7.15% in the past year and are up 1.75% since July.The good news on inflation in metro Denver, however, was overshadowed by stronger-than-expected gains in prices nationally, which had analysts questioning whether the Federal Reserve will continue on the path of aggressive rate cuts it started on in September.
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