Cost of energy in the US increased at a slower 17.6% year-on-year in October of 2022, easing from a 19.8% rise in the previous month. It was the lowest reading since March of 2021, amid a further slowdown in prices of gasoline (17.5% from 18.2% in September), electricity (14.1% vs 15.5%) and natural gas (20% vs 33.1%). Meanwhile, costs continued to soar for fuel oil (68.5% vs 58.1%). source: Bureau of Labor Statistics
Energy Inflation in the United States averaged 4.65 Percent from 1958 until 2022, reaching an all time high of 47.13 Percent in March of 1980 and a record low of -28.09 Percent in July of 2009. This page includes a chart with historical data for the United States Energy Inflation. United States Energy Inflation - values, historical data and charts - was last updated on December of 2022.