179 Reasons You Probably Don’t Need to Panic About Inflation

relatório dinâmico com gráficos alto \ baixo

By Josh Bivens and Stuart A. ThompsonAug. 18, 2021Gasoline (all types)March 2019March 2020March 2021Used cars and trucksMarch 2019March 2020March 2021Airline faresMarch 2019March 2020March 2021

Here’s how the price of gasoline changed each month throughout 2019, compared with the previous year. ↑ Red means the price went higher, while ↓ blue means it fell.

The coronavirus gripped the United States by March 2020. The economy halted. Gas prices ↓ plummeted.

This year, things have taken another turn. Gasoline prices have increased sharply, ↑ up 41.8% by July compared with a year earlier.

It’s a similar story for used cars and trucks, with prices ↓ falling during the pandemic shutdown, then ↑ soaring as things reopened.

Tags: , , ,