Phoenix area inflation cools, but still higher than national average


WASHINGTON – Phoenix-area inflation has cooled since its peak last summer, but the region’s 4.4% increase since last June is still higher than the national average of 3% over the same period, new data shows.

Bureau of Labor Statistics numbers released Wednesday said that the nation posted the lowest 12-month inflation increase since March 2021. BLS said that while costs for shelter, clothes and food increased from May to June, the cost of energy remained sharply down for the year, while costs…

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