Honolulu inflation reaches 5-year high

Honolulu inflation reaches 5-year high

HONOLULU (AP) - Honolulu inflation has reached a five-year high during the first half of 2017.

The Honolulu Star-Advertiser reports data released on Friday by the U.S. Bureau of Labor Statistics show the consumer price index has risen 2.5 percent from where it was one year ago.

Gasoline and other energy prices were the main drivers behind the increase.

Energy prices jumped 15.4 percent throughout the past year, with gas costs up 20.4 percent and electricity rising 11.8 percent.

Apparel prices also rose significantly at 5.8 percent.

The increase is the largest since a 2.8 percent increase in the first half of 2012.

Honolulu's inflation rose at a faster pace than the nation's, which was up 2.2 percent during the first six months of the year.

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