June at 3%
Inflation was as high as 9.1% nationwide a year ago. We were still recovering from global shut-downs post-pandemic, restoring jobs lost, getting manufacturers back on track, and a bunch of other stuff that's political so I won't detail it here but - politics certainly played some part.
The good news, is that the inflation rate has been in decline for the past 12 months, consecutively, and hit 3% as of the end of June.
|