SALT LAKE CITY — The Zions Bank Wasatch Front Consumer Price Index fell 0.2 percent from October to November, while the national index dropped 0.5 percent over the same period.
The difference between the two indexes over the past 12 months was 1.3 percentage points. Prices across the Wasatch Front have increased 3.1 percent year-over-year compared with just 1.8 percent nationally, according to the report released Friday.
Gasoline prices fell by an overage of 10 cents from October to November, and airfare costs decreased more than 12 percent, the report stated.
Transportation costs make up almost 20 percent of the average Utahn's monthly expenses, so the 1.3 percent decrease represents a substantial fall in prices, said Randy Shumway, chief executive officer with The Cicero Group/Dan Jones and Associates, which complied the data.
- Salt Lake chef wins round in 'Holiday Baking...
- 5 Utah E. coli cases linked to Costco chicken...
- In time for the holidays, S.L. Comic Con...
- 5 ways you drive away millennial employees
- Dave Ramsey says: Include minor car repairs...
- Feds: Utah companies accused of conducting...
- Mark Zuckerberg is taking two months...
- Man killed in Salt Lake industrial accident
- 5 ways you drive away millennial employees 14
- Former Eagle Gate College instructor... 10
- Pfizer, Allergan $160B deal forms... 6
- Utah liquor commission going slow on... 4
- Russian military says its bombing... 3
- Confusion over ISIS name leads to... 2
- Utah jobless rate holds steady at 3.6... 1
- Balancing act: Pause, reflect on... 1