Report: Honolulu Inflation Among Worst In Nation

It’s a mixed bag. Inflation on Oʻahu ticked up very slightly in May and was higher than the nationwide rate, but continued an overall decline.

At the same time, Honolulu had the 6th worst inflation problem of the 23 metropolitan areas tracked by the federal Bureau of Labor Statistics, according to a new report from Wallet Hub, an online personal finance company — although a Hawaiʻi economist questioned the findings.

The Consumer Price Index rose 2.7% in Honolulu in May — figures are not released for the state as a whole — versus 2.4% across the U.S., according to data released last week by the Bureau…

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