Denver-Boulder-Greeley

Colorado minimum wage likely to drop under new inflation rate

Type: Press Release
Published Date: August 14, 2009
Author: Jones, Rich

For immediate release
Colorado minimum wage likely to drop
under new inflation rate

Groups that helped pass Amendment 42
comment on possible change in pay for workers

Inflation goes negative amid drop in fuel prices; A local consumer price index is on track for its first full year of deflation.

Type: Press Coverage
Published Date: August 15, 2009
Author: Svaldi, Aldo

The Denver Post

Collapsing energy and transportation prices quenched inflation in the metro area in the first half of 2009, according to a report Friday from the U.S. Bureau of Labor Statistics.

The consumer price index for Denver-Boulder-Greeley decreased 0.6 percent between the first half of 2008 and the first half of 2009.

Inflation ran at a hot 3.9 percent rate last year.

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