BREAKING NEWS: US CPI Inflation Today: 0.68%
Our standalone inflation index fell from 0.86% yesterday to 0.68% today, Sunday, February 8.
The standalone price data shows another sharp wave of decelerating inflation, driven this time by an approximately 20% drop in natural gas prices for residential consumers.
Utilities purchase gas from wholesale hubs or through contracts, and prices for households are subsequently adjusted due to regulatory factors and billing cycles. This latest slowdown reflects the declines in commodity prices in previous months, which are now being passed on to retail gas prices.