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Food And Gas Prices Continue To Rise, Putting Strain On Americans’ Budgets
August 15, 2023
Food and gas prices continue to rise, putting a strain on Americans’ budgets even as reports shows inflation is slowing.
Gas prices have risen significantly in recent weeks, according to pricing data from AAA. Gas prices hit a record high earlier in the Biden administration, surpassing an average of $5 per gallon nationally, before dropping back down.
Now they are rising again, currently at $3.85 per gallon of regular gas, up from $3.82 a week ago and $3.57 a month ago. In the last month, diesel prices have risen from $3.86 per gallon to $4.13 per gallon. https://www.bls.gov/
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