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Americans around the country are experiencing vastly different inflation rates depending on where they live in the U.S., with the latest inflation data showing that consumers in the Northeast are facing more inflation than their peers around the country.
The Labor Department released its inflation report for September last week which found that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – was up 2.4% from a year ago for the U.S. as a whole, continuing the trend of slowing inflation from recent months.
However, the pace of inflation is much faster in certain parts of the country than it is in other areas.
The Northeast region saw 3.4% inflation in September compared to a year ago, the fastest of the four regions analyzed by the Bureau of Labor Statistics and well above the national inflation rate. Within the region, both New England and the Middle Atlantic had 3.4% – with New England's edging higher than the 3.3% rate it recorded a month ago.
INFLATION RISES 2.4% IN SEPTEMBER, ABOVE EXPECTATIONS
Boston had one of the highest inflation rates of U.S. cities. (Photo by Billie Weiss/Boston Red Sox/Getty Images / Getty Images)
The Midwest region experienced 2.5% inflation year-over-year, slightly cooler than the 2.6% reading in August.
Both the South and the West experienced 2.1% inflation in September compared to last year. In the West, inflation was notably higher in the Pacific region (2.3%) than it was in the Mountain region (1.4%).
The Labor Department's report also looked at price growth in various cities and metropolitan areas around the
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