NJ Spotlight News
Business Report: Inflation slows, gas prices fall
Clip: 12/13/2022 | 2m 26sVideo has Closed Captions
Inflation rate is at its lowest level in a year
Inflation has fallen to its lowest level in a year. The release Tuesday of the monthly consumer price index led to a collective sigh of relief from Main Street to Wall Street and at the White House. Gas prices are now averaging about $3.41 a gallon in New Jersey, less than what was being paid a year ago. But consumer prices are still up more than 7% over the past year.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
Business Report: Inflation slows, gas prices fall
Clip: 12/13/2022 | 2m 26sVideo has Closed Captions
Inflation has fallen to its lowest level in a year. The release Tuesday of the monthly consumer price index led to a collective sigh of relief from Main Street to Wall Street and at the White House. Gas prices are now averaging about $3.41 a gallon in New Jersey, less than what was being paid a year ago. But consumer prices are still up more than 7% over the past year.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS