Chart of the day: What’s driving US inflation?
The Consumer Price Index for All Urban Consumers (CPI-U) in the U.S. increased 2.9 percent in February before seasonal adjustment. These BLS charts and table illustrate what is driving the increase.
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The Consumer Price Index for All Urban Consumers (CPI-U) in the U.S. increased 2.9 percent in February before seasonal adjustment. These BLS charts and table illustrate what is driving the increase.
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You should do another chart where you weight each of these based on their contribution to the CPI. Transportation, which would include gas prices is weighted as 10% of the CPI.
https://www.kceconomy.com/otherdata_CostOfLiving.asp