Virginia didn’t have to wait long to feel the effects of a 3.7% increase in inflation over the past 12 months through September.
The state was preparing to issue almost $800 million in bonds through the Virginia Public Building Authority next week, but the release of the monthly Consumer Price Index report on Wednesday changed the plan, which had included close to $300 million in bonds to refinance existing state debt.
Read the full story in the Richmond Times-Dispatch.
