Consumers around Seattle are paying more than they did at this time last year.
A customer pumps gas at an Exxon gas station, Tuesday, May 10, 2022, in Miami. U.S consumers have so far defied higher prices for gas, food, and rent and have been spending more in 2022, providing crucial support to the economy. How long that can continue will be one of the key factors affecting the economy and inflation this year. Prices in the Seattle area have risen 2.1 percent since April 2022 and are up 9.1% over the last 12 months, according to a report from the U.S.
Over the last 12 months, consumers in the Seattle area have seen the price of food rise 11.4%, led by higher prices for meats, poultry, fish and eggs.
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