Midwest inflation rate raised 9.5% since June 2021

Inflation Rate

Inflation rates have come out for June, and the national inflation rate has risen to 9.1 percent. However, The Kansas Constitutional focuses on issues regarding Kansas specifically, so we are looking at how high inflation has risen in our region, specifically. The Midwest Region is made up of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. Together, these states are experiencing a worse inflation than the country as a whole. Our inflation is worse than the Northeast Region, which is experiencing an inflation rate of 7.6 percent, and the West Region which is experiencing an inflation rate of 8.8 percent. The South Region is experiencing the worst inflation, however, with a 10.0 percent inflation rate. The Midwest inflation rate has gone up 1.6 percent from May to June. Our inflation rate from April to May was 1.5 percent, so inflation has gone up even faster over this previous month.