Posted 4/10/2024, 4:53:49 PM
Riverside and Los Angeles See Faster Inflation than National Average, Prices Up Over 4% in Past Year
- Residents of Riverside and Los Angeles seeing faster inflation than national average, per WalletHub study
- Riverside prices rose 4.3% year-over-year and 1.4% over 3 months
- Los Angeles prices rose 4% year-over-year and 1.2% over 3 months
- Honolulu and Miami have seen steepest price increases recently
- U.S. inflation rate has settled at 3.5%, still above Federal Reserve 2% target