Tampa’s 8% inflation rate the worst of U.S. metros

Tampa prices are rising – fast.

The city had the worst inflation of any major U.S. metro area in November, with prices up 8% from a year ago, according to a new report from Bloomberg. That’s 300 basis points higher than in New York City, where prices rose 5% last month.

The 8% inflation rate is also the highest record for the Tampa Bay area.

Across the country, consumer prices rose 6.8%, the fastest annual pace in nearly 40 years, looking at data from the Bureau of Labor Statistics. The Federal Reserve has described the recent inflation trend as temporary.

– Kelly Hayes, Extensive Enterprises Media