Pacific Cities CPI – variables that directly impact Portland

The Consumer Price Indexes for Pacific cities came in slightly more tame than national CPI for US Cities. Particularly, the CPI for the Portland/Vancouver/Beaverton metropolitan area reflects only a .1% 1-month increase compared to a .3% increase nationally.

The core Consumer Price Index is the most widely used measure of inflation, and is an indicator of the effectiveness of government policy. In addition, business executives, labor leaders and other private citizens use the index as a guide in making economic decisions such as how much employees should be paid as a cost-of-living adjustment. Core CPI removes the volatile components of food and energy prices, and is widely regarded as being a more stable and accurate indicator of true economic inflation.