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  8. Falling Gasoline Prices Lead to Lowest Inflation Since 2008

Falling Gasoline Prices Lead to Lowest Inflation Since 2008

File(s)
BLS_BTN_Falling_gasoline_prices.pdf (597.94 KB)
Permanent Link(s)
https://hdl.handle.net/1813/78115
Collections
Federal Publications
Publications of the U.S. Bureau of Labor Statistics
Author
Reed, Stephen B.
Abstract

Overall price change was modest in 2014, with the U.S. All Items Consumer Price Index posting its smallest increase since 2008. This was primarily the result of gasoline prices, which fell sharply over the latter part of the year. However, shelter and food price indexes accelerated in 2014. In this Beyond the Numbers article, we will look at price trends for major CPI components in 2014.

Date Issued
2015-03-01
Keywords
gasoline prices
•
inflation
•
Consumer Price Index
•
CPI
Type
government record

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