US Gas Falls Below $4 for First Time Since July. Why Is Diesel Still Above $6?
US gas prices have fallen below $4 a gallon for the first time since July, AAA data show. The national average slipped to $3.98 on Tuesday, down about 17 cents in a week. Diesel has come down more slowly and still averages $6.13, according to GasBuddy. That gap could keep inflation pressure alive as the The post US…
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Inflation
The rate at which the general level of prices for goods and services rises over time, usually measured over twelve months.
When prices rise faster than wages, households can buy less with the same income, and central banks may raise interest rates in response.
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