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Thursday, May 12, 2022
Energy consummer prices up +30.3% in the year from April 2021 to April 2022
Compared to year ago, energy CPI spiked by 30.3%. This Energy CPI weights 8.3% of overall CPI. Some standouts:
Gasoline: -6.1% for the month, but +43.6% year-over-year.
Utility natural gas to the home: +3.1% for the month and +22.7% year-over-year.
Electricity service: +0.7% for the month, +11.0% year-over-year.
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