Inflation On The Rise Again…

Did you know that Colorado has one of the highest inflation rates in the country right now? How insane is that! Area prices rose 1.7 percent in June and July, up 8.2 percent from a year ago, and it doesn’t seem to be slowing down any time soon. Over the last 12 months; food and energy went up by 6.6%. Energy prices increased 23.8%, which is largely tied to the increase in gas prices and food prices rose 12.0 percent. Click here to read more.

What are you thoughts on this? What are your plans to stay on track with the increase in prices, does this mean your expense sheet will look a little different?