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Seattle CPI rises to 3.1% in December 2025, committee hears; energy and food cited as drivers

Oak Harbor Investment Committee · August 11, 2026
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Summary

Presenter reported Seattle CPI for December 2025 rose to 3.1%, with food and energy identified as the largest contributors; committee members discussed how historic CPI differs from potential future energy-driven inflation.

The committee reviewed local inflation data for December 2025. "The Seattle CPI for December 2025 shows increase to 3.1%. The major drivers are the food shows 4.4 and energy at 7.2%." the presenter said while summarizing the slide.

Members discussed that the CPI figures are backward-looking and that future energy price changes would be reflected only after they occur; they flagged that shelter and medical-care indices were also higher and could affect long-term cost pressures and city budgeting assumptions.