Sunday, September 22

Inflation: which are the regions in the US that had higher price increases at 7.1% in November

Inflation in November continued giving relief to the pockets of consumers in the United States after a first half of the year with spikes that challenged the payment capacity of millions of families .

According to the most recent report from the Bureau of Labor Statistics (BLS), interannual inflation stood at 7.1% last November, which meant the fifth fall in a row of 2022.

However, not in all regions of the United States did the rise or fall of prices behave in the same way, since in some, inflation exceeded the general 7.1% of the Consumer Price Index (CPI).

According to the report, the lowest inflation was registered in the states located in the Northeast region of the country, which include Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire , New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Virginia, West Virginia.

In this area of ​​the country, inflation during November was 6.4% , according to the BLS report.

Followed by the Midwest region, which includes the states of Ohio, Nebraska, North Dakota, South Dakota, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, and Wisconsin; In this area, inflation was 6.8% last November.

Meanwhile, the US area where prices exceeded general inflation of 7.1% was the South , which includes the states of: Northern Virginia, Florida, Alabama, Arkansas, North Carolina, South Carolina, Georgia, Kentucky, Louisiana, Mississippi, Tennessee and West Virginia.

In In this area of ​​the country, consumers paid the highest prices last November, with 7.7% in their annual measurement, in line with the 7.7% reported last October for the general inflation.

Which cities or metropolitan areas had higher prices

Although it is still very far from the 2% target of the Federal Reserve , inflation has begun to cool in most of the country.

However, during November the high prices above the national indicator affected the budgets of the sinks in at least three metropolitan areas.

1. Tampa-St. Petersburg-Clearwater, Florida: where inflation was 9.6%, even above the maximum peak of last June, when the national indicator reached 9.1%
two. Dallas-Fort Worth-Arlington, Texas: where inflation was 8.4% during November in its annual measurement3. Riverside-San Bernardino-Ontario, California: where inflation was 7.5% in its annual measurement

On the contrary, there were six areas metropolitan areas in which prices fell below national inflation during November.

1. Minneapolis-St.Paul-Bloomington, Minnesota-Wisconsin: with year-on-year inflation of 5.3%two. Washington-Arlington-Alexandria, Washington DC-Virginia-Maryland-West Virginia: with year-on-year inflation of 5.6%3. Urban Hawaii: YoY inflation of 5.8%4. San Diego-Carlsbad, California: with year-on-year inflation of 6.7%
5. Denver-Aurora-Lakewood, Colorado: with year-on-year inflation of 6.9%6. Boston-Cambridge-Newton, Massachusetts-New Hampshire: with year-on-year inflation of 7%

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