
By: Brooke Williams | KDVR FOX31
DENVER (KDVR) — Denver has some of the worst inflation problems of large metropolitan areas across the nation, according to new data.
Personal finance website WalletHub released a study showing the changes in inflation for 23 major metropolitan statistical areas across the U.S., with the Denver-Aurora-Lakewood metro area having some of the biggest inflation problems.
Nationwide, the rate of inflation sits at 3% as of September. WalletHub said factors like the war in Ukraine, labor shortages and recent tariffs drive inflation higher than the target rate of 2%.
The study focused on the changes in inflation over the last year and the last few months.
Highest Consumer Price Index change – Latest month vs two months before
The study, released in October, found that the consumer price index change increased 1% from two months before for Denver, the highest rate of any metro area listed.
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