Phoenix led the nation in inflation in 2022, but rise may slow in 2023


WASHINGTON – After a year in which the Valley saw the nation’s highest inflation rate for metro areas, experts say consumers can expect inflation to ease in 2023 – but warn that it’s not going away entirely.

The consumer price index for Phoenix-Mesa-Scottsdale in October, the most recent month for which data is available from the Bureau of Labor Statistics, was 12.1% higher than it was in October 2021. The next-highest metro areas were Atlanta, which posted a 10.7% increase for the year,…

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