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This chart of gasoline prices is really something ⛽️
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This chart of gasoline prices is really something ⛽️

Inflation measures are improving, but is it too early to declare victory? ⚠️

Sam Ro, CFA
Aug 12, 2022
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This chart of gasoline prices is really something ⛽️
www.tker.co
(Source: GasBuddy)

The national average price of gasoline has declined for 58 consecutive days, GasBuddy’s Patrick De Haan reports. It’s gone from a high of $5.02 on June 14 to $3.95 as of Friday.

This of course is welcome news to drivers, who seem to be acknowledging in various sentiment surveys a change in their expectations for inflation over the coming months and years.

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