SALT LAKE CITY — The Zions Bank Wasatch Front Consumer Price Index climbed 0.4 percent in March, driven primarily by increased housing and transportation costs.
In comparison, prices rose 0.3 percent in March nationwide, as reported by the U.S. Bureau of Labor Statistics. Over the past 12 months, prices along the Wasatch Front have increased 2.3 percent compared to 1.5 percent nationally.
Transportation prices rose the most on an absolute basis, with the average price of gasoline in Utah jumping 50 cents per gallon over the past two months. Housing and food at home prices both continued to increase as well. Other prices were mixed from February to March, with the largest decline in education and communication.
Overall, prices along the Wasatch Front increased 0.4 percent in the month of March, while national prices increased 0.3 percent.
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