Tampa Bay leads nation in inflation
February 11, 2022 - Cities around the country continue to experience high inflation rates, and the Tampa metro area is pacing the pack. According to the U.S. Bureau of Labor Statistics (USBLS), Tampa led the nation with a 9.6% inflation rate last month. This means prices in the area were 9.6% higher in January 2022 than they were in January 2021. For comparison, the national rate is up 7.5% - the highest increase in 40 years. Riverside, California had the second-worst inflation rate at 8.6%, followed by San Diego with 8.2%. The USBLS also reported that wages fell by over 3% last year.