South Florida's inflation rate highest in nation

[Malikshah]

Source: Sun-Sentinel

In 2007, the nation had the highest inflation rate in 17 years. And there's more bad news: South Florida suffered through a more rapid increase in consumer prices than any other metropolitan area in the nation.

Extreme price pressures reported by the Bureau of Labor Statistics Wednesday are becoming routine for South Florida consumers, who are paying far more for housing and gas than the rest of the nation. Here, a gallon of unleaded on Wednesday averaged $3.18, while nationwide, it's only $3.05.

Due primarily to those two factors, gasoline and housing, inflation was greater here last year -- at 5.8 percent -- than in Chicago (4.7 percent), Seattle (4.6 percent), and even New York (3.7 percent).


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The federal Bureau of Labor Statistics Wednesday said the Consumer Price Index for the nation rose 4.1 percent annual in 2007, up sharply from a 2.5 percent gain in 2006 and the worst rate of inflation since 1990. In a separate CPI calculated for metro areas, the BLS says prices galloped ahead in Miami-Fort Lauderdale by 1 percent in the last two months of the year. The 5.8 percent annual inflation rate locally was also a 17-year high and the worst rate of inflation since 6.7 percent in 1990.


Read more: http://www.sun-sentinel.com/business/local/sfl-inflation0116,0,3704703.story?coll=sofla_tab01_layout

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Yup--

Thanks Jeb and Company.

Oh, btw, you pathetic closet case Crist. Get the mothballs out of your ears and hangers out of your trousers and get to work. Pushing Prop 1 (doubling the homestead exemption and effectively decimating any and all social services in FL) is not the way to do it you sick jackass.

Disclaimer: As a gay man in Florida, I'm offended at his choice of beards in the past (Katherine Harris).

Better Blatant than latent, Charlie Boy.

[OHdem10]

1. GOP does not believe in Social Services--Jeb was following

the true believers path. Personal Responsiblity--No one is owed anything.

Very Interestting--Since Edwards, Huckabee real showing, and
the recession--boy the GOP Candidates are beginning to look
like Converts. Rememer all we have heard for years is"government
is the problem." They appear to be scrambling to come up
with government solutions---at least appear that way.

John Edwards has had terrific impacr on Democrats.

I could not believe it today--Some reporter said Obama is
populist.

[thunder rising]

2. Loaf of Whole Wheat namebrand bread $3.28 WPB

[geomon666]

3. It's pretty damn sad.

I can't even afford to eat healthy here in Miami. I've been priced out of it. I can't even buy skinless chicken breasts because it costs too much. $4 a pound and I only have $100 to spend on groceries a month to feed me and my wife. I have to buy beef with more fat cause I can't afford lean. The produce is ungodly expensive. $2.50 for a pound of cherries (and that's on sale). $4.89 for a package of strawberries. These aren't even organically grown. If I want organic I have to pay extra.

But you know the hot dogs are always on sale. The 2 pounds of ground beef that shrinks to 1 pound after you cook all the fat out of is is reasonable. The canned fruits and vegetables are all going up in price too. Even the damn nasty old tv dinners are going up.

Pretty soon they're going to price me out of eating all together.