NYC, San Francisco, Philadelphia and St. Louis Inflation Jump to Year High - Bloomberg
Inflation & Prices

NYC and San Francisco Inflation Jump to Year High as US Cools

  • Prices highest in a year or more in four US metropolitan areas
  • Housing and energy costs drove inflation in NYC, Philadelphia
US Core CPI Cooled, Retail Sales Stalled in April

Inflation rose to the highest level in a year or more in four major US metropolitan areas in April, even as prices moderated nationally.

The annual rate reached 4.1% in Philadelphia, 4% in St. Louis and 3.8% in both New York and San Francisco — all above the US average — according to Bureau of Labor Statistics data released Wednesday.