Summer rates for water and sewer were the major contributors to a small uptick in consumer prices along the Wasatch Front from June to July. The Zions Bank Wasatch Front Consumer Price Index (CPI) rose 0.2 percent from the previous month. The utilities costs had the largest impact on the month’s increase, while other sectors experienced either modest increases or slight drops.
The national Consumer Price Index decreased 0.1 percent from June to July and has increased 1.6 percent from this time last year. Medical care prices also increased 1.6 percent as prices for prescription drugs and dental care increased.
National gasoline prices were up to $2.36 last week from $2.26 a month ago, while Utah gasoline prices decreased to $2.47 from $2.50 in the same time period.