February 11: Inflation: what’s rising the most?

Inflation in the US hit a 40-year high in January 2022.

Source: Chartr
Published: January 2022

Inflation: what’s rising the most?

Inflation in the US hit a 40-year high in January 2022. Prices rose an average of 7% from December 2020 to December 2021. 

Some consumer goods and services are being hit especially hard. Gas prices are up 50% and some grocery staples, such as meat and eggs, are 13% more expensive than they were this time last year. 

Inflation %, YoY

Gasoline: 50%

Used cars and trucks: 37%

Utility gas service: 24%

Meats, poultry, fish, and eggs: 13%

All items: 7%

Apparel: 6%

Nonalcoholic beverages: 5%

Fruits and vegetables: 5%

Cereal and bakery products: 5%

Hospital services: 3%

Rent of primary residence: 3%

Airline fares: 1%

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