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Which cities and regions had the highest inflation in October?
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Which cities and regions had the highest inflation in October?

Americans across the country have very different experiences inflation rates Depending on where they live in the U.S., the latest inflation data shows consumers in the Northeast and Midwest face more inflation than their counterparts across the country.

The Ministry of Labor published its October inflation report on Wednesday. consumer price index (CPI) That figure, a broad measure of how much daily necessities like gas, groceries and rent cost, was up 2.6% across the U.S. from the previous year; This was in line with expectations, with inflation rising alongside a broader cooling trend.

However, the rate of inflation is much faster in some parts of the country than in other regions.

The northeast region saw inflation of 3.5% in October compared to a year ago; this was the fastest among the four geographic regions analyzed by the Bureau of Labor Statistics and was well above the national inflation rate. The region saw 3.3% inflation in New England and 3.6% inflation in the Mid-Atlantic.

INFLATION INCREASED BY 2.6% IN LINE WITH EXPECTATIONS IN OCTOBER

New York City skyline at sunrise

While the highest inflation in the country in October was seen in the Northeast region, the highest inflation among metropolitan areas was seen in New York. (Gary Hershorn/Getty Images/Getty Images)

midwest region Annual inflation was 2.6% in October, slightly higher than 2.5% a month ago. The South experienced a similar inflation rate of 2.5% in October, but price growth accelerated faster, rising from 2.1% in September.

western region In October, it experienced the slowest inflation of the four regions at 2.1% on an annual basis, unchanged from the previous month. In the Pacific region, inflation increased from 2.3% in September to 2.4% in October, while in the Mountain region, inflation decreased from 1.4% to 1.3%.

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The Labor Department’s report also examined price increases in various cities and metropolitan areas across the country; This showed a continuing trend of relatively high inflation in the Northeast and Midwest.

Inflation was the hottest period of the year new York The metro area was up 4% from a year ago and 3.8% in September.

Chicago had the second-highest inflation rate in October at 3.5%; but this represented a notable cooling from inflation. Windy City 4.1% compared to the previous month.

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Port of Miami

Miami had the highest inflation in the South in October. (Universal Images Group / Getty Images via America Visions/Joseph Sohm/UCG/Getty Images)

Philadelphia and Baltimore metro areas each experienced 3.4% inflation in October. Detroit was slightly behind at 3.3%; but that compares with its Midwestern counterpart, St. Louis, which has 2.6% inflation. It was higher than Louis.

While Miami had the highest inflation among metro areas in the South at 2.7%, it was hotter than Houston at 2.1% and Atlanta at 1.9%.

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Both in the West Los Angeles Inflation in Seattle and Seattle in October was 3 percent, well above the 1.6 percent in Phoenix and 2.1 percent in Alaska.