Inflation in the United States may be slowing down, but a new report from Wallethub says the San Francisco Bay Area is top four in the nation for inflation struggles.
Inflation in the United States may be slowing down, but a new report from WalletHub says the San Francisco Bay Area is in the top four in the nation for inflation struggles. To determine how inflation is impacting people in different cities, WalletHub compared 23 major metropolitan areas across two key metrics related to the Consumer Price Index , which measures inflation.
The core inflation, which excludes food and energy, rose by only 2%, which is lower than was anticipated. "The big bugaboo in the numbers was what they call shelter. Housing related costs still seem to be way high, over 5% about 5.4% on a year-over-year basis, of course, those of us in the Bay Area know that's a disturbing reality," James McBride of McBride Group Investment First told KTVU.
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