What this measures
Gasoline is the price households notice most, because they see it on a sign every week. It is a small share of the CPI basket, but swings in it drive a large part of month-to-month changes in headline inflation.
Switch to the inflation-adjusted view to compare today’s price with past peaks in today’s dollars: nominal records are often not records at all once prices in general are taken into account.
Source: EIA weekly retail gasoline prices via FRED (GASREGW). Updated automatically when the source publishes. How we handle data · Embed this chart