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What states have the highest inflation? Percentage change over years ago, 3-months MA as of Feb 2024. According to the CPI report, the state with the highest 12-month inflation rates are: Florida ...
The country reached an 8.3% inflation rate in August, the most recent month for which Consumer Price Index data is available from the Bureau of Labor Statistics. ... Florida: 84.16. Miami-Fort ...
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Florida's constitution establishes a state minimum wage, which is adjusted annually for inflation. As of September 30, 2021 [update] , Florida's minimum wage was $6.98 for tipped positions , and $10.00 for non-tipped positions, which was higher than the federal rate of $7.25.
[71] Between 2000 and 2003, the interest rate on 30-year fixed-rate mortgages fell 2.5 percentage points (from 8% to all-time historical low of about 5.5%). The interest rate on one-year adjustable rate mortgages (1/1 ARMs) fell 3 percentage points (from about 7% to about 4%). Richard Fisher, president of the Dallas Fed, said in 2006 that the ...
However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.
In October, inflation stood at 3.2% from 3.7% in September, according to the Bureau of Labor Statistics' (BLS)... This Florida City Has the Highest Inflation in the US — 2 Factors Impacting ...
In November 2022, the year-over-year inflation rate was 7.1%, the lowest it has been since December 2021 but still much higher than average. [ 156 ] Inflation is believed to have played a major role in a decline in the approval rating of President Joe Biden , who took office in January 2021, being net negative starting in October of that year ...