The Bay Area inflation rate jumped during August as consumer prices pushed higher for a wide range of items, notably food and medical expenses, according to a new federal government report released Thursday.
The region’s consumer price index rose by an annual pace of 2.5% during August, the U.S. Bureau of Labor Statistics reported. The index measures shifts in cost for everyday items such as food, gasoline and shelter.
The 2.5% increase over the one-year period ending in August was higher than the previous reports for the region, which consisted of a 1.3% increase in April and a 1.5% rise in consumer prices in June, the report showed…