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Inflation continues slow drop in South Florida

Inflation in South Florida was running much hotter than the rest of the country. It was driven by housing, the cost of homes, condos and escalating rent.

But as those hikes have slowed and the annual comparison have gotten easier, Miami's price increases are now about the same as the nation overall.

Housing costs continue underpinning regional inflation. If you take housing out, prices for everything else were up 0.6% from a year ago.

READ MORE: Because of DeSantis’ arts funding cuts, Miami Beach will give $500k to local arts groups

This is a News In Brief report. Visit WLRN News for in-depth reporting from South Florida and Florida news.

Tom Hudson is WLRN's Senior Economics Editor and Special Correspondent.
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