Inflation spiking in Ohio and across the Midwest
Residents across the Midwest are paying more for goods and services than they were a year ago, new federal data shows.
Driving the news: The national inflation rate has surged to 8.5%, Axios' Matt Phillips writes.
- That's about the rate seen in Midwestern states, per data from the U.S. Bureau of Labor Statistics' Consumer Price Index.
Why it matters: Well, just check your pocketbooks.
- The cost of everything — from gasoline to food and pet products — has gone up, along with vehicles and utility services.
📬 How is inflation impacting your life and spending habits? Email us at [email protected] and let us know.
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