Inflation cooling off faster in the Twin Cities than U.S. as a whole

Price increases continued to moderate faster in the Twin Cities last month compared with the U.S. as a whole.

The consumer price index, an often-used measure of inflation, eased to 5.1% in January on a year-over-year basis for the Minneapolis-St. Paul region, according to data released Tuesday by the Bureau of Labor Statistics. That is down from 5.3% in November.

By comparison, the price index for the U.S. rose by 6.4% over the year. That was down from 6.5% in December and from 7.1% in November, and was the seventh-straight year-over-year slowdown.

https://www.startribune.com/inflation-cooled-off-faster-in-the-twin-cities-minnesota-than-the-u-s-as-a-whole/600251572/