Arizona Inflation Rate 2024. The latest government report released wednesday showed a 4.4% inflation rate for the phoenix area over the 12 months that ended in june. In this guest column, a valley wealth management professional offers his views on how arizona's economy fared in 2023 and some of the.


Arizona Inflation Rate 2024

The consumer price index rose by 3.1% in january, a smaller annual increase than in december. Costs for all food in the phoenix area rose 6.8% over the last year, with groceries rising 4.9%.

Area Prices Were Up 0.7 Percent Over The Past Two Months, Up 2.2 Percent From A Year Ago.

Workers’ buying power has increased each month.

Metro Phoenix Inflation Hit A Peak Of 13% Over The 12 Months Ending In August 2022.

Cereals and baked goods rose 17.5%.

Bureau Of Labor Statistics Note:

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The Rising Inflation Rate Will Trigger A Raise Next Year For Any Arizona Workers Earning The Minimum Wage.

The annual inflation rate for the united states was 3.2% for the 12 months ending february, compared to the previous rate of 3.1%, according to u.s.

Inflation As Measured By The Consumer Price Index (Cpi) For The Phoenix Metro Area Continued Its Decline In.

67 rows consumer price index, phoenix area — february 2024.

Inflation In Arizona January 2024 Update.