Phoenix-area prices up by nearly 11% in past year
March 11, 2022
New data from the U.S. Bureau of Labor Statistics shows consumer prices in Phoenix rose nearly 11% over the last year.
Phoenix’s double-digit inflation outpaced the rest of the nation.
Who’s to blame? Biden’s stimulus and the Democrats who voted for it (like Tom O’Halleran and Greg Stanton) are responsible. The Federal Reserve Bank of San Francisco said the spending package is “stoking inflation.”
NRCC COMMENT: “Arizonans can thank Democrats’ reckless spending for the skyrocketing prices.” – NRCC Spokeswoman Torunn Sinclair