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On an annualized basis, gas prices fell 10.3% while the energy index dropped 4%. The Consumer Price Index (CPI) rose 2.5% over the prior year last month, decelerating from July's 2.9% annual gain.
In Europe, gas prices increased by more than 450%, and electricity by 230% in less than a year. [108] On February 22, 2022, before the Russian invasion, the German Government froze the Nord Stream 2 pipeline between Russia and Germany, [109] causing natural gas prices to rise significantly. [110]
According to AAA data, gas is cheaper than it's been all year.The national average of gasoline sat at $3.14 per gallon on Tuesday, down from $3.37 a month ago. "We've seen oil prices slide over ...
Excluding gas and food prices, categories that tend to be more volatile, “core” inflation rose 0.4% from the month before, bringing its annual rate to 3.8%, a slowdown from 3.9% in January.
Gas prices at the pump continue to climb as we enter the dog days of summer. Today's national average for regular unleaded gas sits at $3.82, according to AAA.com, a two-cent increase from ...
Rising gas prices haven ... marking “the lowest since March 2021 and just ... Sentiment fell to its lowest level on record last summer when gas prices topped $5 a gallon and inflation reached a ...
Inflation was still red hot in August, despite a sharp drop in gas prices. The Bureau of Labor Statistics (BLS) released its Consumer Price Index (CPI) on Sept. 13 and the all-items index for the ...
Excluding gas and food prices, categories that tend to be more volatile, core inflation rose 0.4% from the month before, bringing the annual rate to 3.8%, the same as February’s reading.