Metro Phoenix No. 1 in the nation for highest inflation
By: AZ Big Media
Annual inflation for the U.S. in April was 8.3 percent, compared to 8.5 percent in March. The Bureau of Labor Statistics provides Consumer Price Index data for select local areas, and prices rose even more in the Phoenix metropolitan area than the nation, with Phoenix inflation increasing 11.0 percent over the year for April compared to 8.3 percent nationally. That was the highest inflation for all areas. The Consumer Price Index increased 0.3 percent over the month in April, compared to a boost of 1.2 percent in March on a seasonally adjusted basis. The index for all items less food and energy was up 0.6 percent for the month.