Inflation kept slowing in September across the south. Consumer prices in the Tampa area rose just 1.2 percent compared to a year ago, which is half the national inflation rate reported for last month.
According to WLRN's Tom Hudson, inflation has slowed to levels not seen since before the COVID-19 pandemic.
The September figures for Tampa indicate a sharp slowing of inflation thanks to lower gasoline prices and a slight dip in housing expenses. This was before the area was hit first by Hurricane Helene and now Hurricane Milton. The demand for building supplies, construction labor and housing may push inflation up in coming months.
The federal government releases price data for Tampa and Miami on alternate months. South Florida鈥檚 data will be updated next month.
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