As inflation hits 8.5% nationally, it's even higher in Arizona. Here's what to know

How high is inflation in Arizona? Who, or what is to blame for it? An ASU economist answers, citing sharp housing price hikes around metro Phoenix and high gasoline prices.

In this article published April 13, 2022, in the The Arizona Republic:

With all the stimulus out there, there has just been too much money chasing too few goods. This has been a pandemic-induced experience.

– Dennis Hoffman, director of the L. William Seidman Research Institute and director of ASU’s Office of the University Economist