Phoenix skyline

Inflation in metro Phoenix is double that of cities like San Francisco and New York. Here's why

An ASU economist says the Consumer Price Index around the Valley rose at a 13% pace over the 12 months through August, compared to U.S. inflation of 8.3%.

In this story published on Sept. 18, 2022, in The Arizona Republic:

That 13% likely marks a record for the Phoenix area since the federal Bureau of Labor Statistics began tracking numbers.


Lee McPheters, research professor of economics and director of the JPMorgan Chase Economic Outlook Center

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