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Baltimore and DC Metro Areas In Top 20 Where Inflation Is Increasing the Most in U.S.

Southern states and west coast states have higher inflation rates. However, the Baltimore and DC regions have it worse than St. Louis and better than Philly. Click on the Graphic to go to the entire graphic.

 

An indicator of inflation is the price of food. For instance, the average cost of a dozen large eggs hit $4.25 in December, up from $1.79 a year earlier because chicken flocks have been hit hard by Avian Flu. According to government officials worldwide, gasoline prices are up because of Russia's war with Ukraine. And CBS/Marketwatch says Inflation — running at nearly 40-year highs over the past year — has squeezed Americans’ wallets. Through a series of jumbo rate hikes, the Federal Reserve has sought to tamp down inflation. Its target interest rate was lifted from a negligible level to a range of 4.25% to 4.50% by the end of 2022.

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