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Inflation Reports

Inflation in Colorado: September 2022 Update

Inflation in Colorado: September 2022 Update

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Prices in Colorado fell by 0.17% between July and September, down from a 1.72% increase over the two months prior. Because of this, Colorado’s 12-month inflation rate dropped from 8.2% to 7.7% over the last two months.

Inflation in Colorado: May 2022 Update

Inflation in Colorado: May 2022 Update

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Inflation in the Denver metropolitan area continues to run hot, particularly for housing. Overall price levels increased 3.4% between January and May and 8.3% over the last 12 months.

Inflation in Colorado – March 2022 Update

Inflation in Colorado – March 2022 Update

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Inflation in the Denver metropolitan area continues to run hot, particularly for housing. Overall price levels increased 2% between January and March and 9.1% over the last 12 months. The BLS reports housing inflation of 7.9%, but home prices (not a component of CPI) have increased 20.8% YoY through January 2021.

Inflation in Colorado – January 2022 Update

Inflation in Colorado – January 2022 Update

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In 2021, inflation in the Denver metropolitan area was the highest it’s ever been since the Bureau of Labor Statistics began tracking it in 1986. The largest two-month period of inflation occurred in late spring and a resurgence at the end of the year through January added an additional 2.6%.

Inflation in Colorado – November 2021

Inflation in Colorado – November 2021

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In the aftermath of the COVID-19 pandemic and trillions of dollars of pandemic relief spending by the federal government, the rate of inflation in the U.S. has grown sharply in 2021 and become one of the most-discussed economic issues of the day. High inflation levels erode savings and increase the costs of daily commutes, groceries, and other consumer goods.