Phoenix Inflation Cools in February Due to Lower Housing and Gas Price Hikes
- Inflation in Phoenix was 2.2% in February vs 3.2% nationally
- Housing price changes often drive regional differences in inflation
- Transporting goods to colder areas gets more expensive when gas prices rise
- Electricity costs vary based on primary energy sources used in each area
- Phoenix saw lower price increases than national average for apparel, dairy, gasoline over past year
