Inflation Measured by the Gross Domestic Product Implicit Price Deflator, Percent Change
Generally, the inflation rate does not vary substantially by state or local area. Compared to the nation, inflation measured by the gross domestic product implicit price deflator for Arizona generally has been less than the national average since the late 1990s. Inflation peaked in 2005 and 2006, nationally and in Arizona, then slowed with the economic recession. It has been only slightly higher in recent years. In 2013, the rate was 1.6 percent nationally and in Arizona.