Only four metro areas top Dallas-Fort Worth for inflation severity
Dallas-Fort Worth can point to numerous rankings with pride.
The metro area checks in as the nation’s fifth highest for its year-over-year rise in inflation, according to an analysis by personal finance website WalletHub.
To determine where the cost of everything from gasoline to grocery items is rising the most, WalletHub compared 23 major metro areas on two key metrics involving the consumer price index: the latest month for which Bureau of Labor Statistics data is available to two months prior and one year prior to get a snapshot of inflation’s short- and long-term changes.
In Texas, reporting of local CPI data alternates each month between D-FW and the Houston metro area. This was Houston’s month, with the Gulf Coast city and surrounding communities seeing a 9.5% year-over-year increase in prices.
Last month, when it was D-FW’s turn, the local inflation rate was 9.4%. The next read on D-FW’s inflation rate comes on Oct. 13.
The Dallas Morning News