Global Risks

Gasoline prices dropped in August - but inflation continues to rise

US inflation rate gasoline prices food energy

In August, the three-year average US inflation rate stood at 4.9%, far beyond the 2% goal. Image: Unsplash/ Frederick Warren

Felix Richter
Data Journalist, Statista
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inflation gasoline prices food consumer price index
To eliminate the short-term effects of the pandemic, we calculated the average annual inflation rate over a moving three-year period. Image: Statista
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Global RisksUnited StatesFinancial and Monetary Systems
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