The energy index in the US fell by 1.9% over the past 12 months in February 2024, following a 4.6% drop in the previous month. It marks the 12th consecutive month of decreases in energy prices, albeit the softest in five months. The gasoline index declined 3.9% (vs -6.4% in January), utility gas service slipped 8.8% (vs -17.8%) and fuel oil fell 5.4% (vs -14.2%). Meanwhile, the index for electricity rose 3.6%, after a 3.8% increase in the prior month. On a monthly basis, energy prices rose by 2.3% in February, the most in six months, after a 0.9% decrease in the prior month. source: Bureau of Labor Statistics

Energy Inflation in the United States decreased by 1.90 percent in February from -4.56 percent in January of 2024. Energy Inflation in the United States averaged 4.51 Percent from 1958 until 2024, 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 March of 2024.



Related Last Previous Unit Reference
CPI 310.33 308.42 points Feb 2024
Core Consumer Prices 315.57 314.44 points Feb 2024
Core Inflation Rate YoY 3.80 3.90 percent Feb 2024
Core Inflation Rate MoM 0.36 0.39 percent Feb 2024
Core PCE Price Index 121.17 120.85 points Feb 2024
Core PCE Price Index YoY 2.80 2.90 percent Feb 2024
Core PCE Price Index MoM 0.30 0.50 percent Feb 2024
Core PCE Prices 2.00 2.00 percent Dec 2023
Core Producer Prices 141.10 140.70 points Feb 2024
Core PPI MoM 0.30 0.50 percent Feb 2024
Core PPI YoY 2.00 2.00 percent Feb 2024
CPI Core Core 2.41 2.49 percent Feb 2024
CPI Housing Utilities 329.70 328.22 points Feb 2024
CPI Median 4.58 4.85 percent Feb 2024
CPI s.a 311.05 309.69 points Feb 2024
CPI Transportation 266.64 262.11 points Feb 2024
CPI Trimmed-Mean 3.51 3.67 percent Feb 2024
Energy Inflation -1.90 -4.56 Percent Feb 2024
Export Prices 149.00 147.80 points Feb 2024
Export Prices MoM 0.80 0.90 percent Feb 2024
Export Prices YoY -1.80 -2.20 percent Feb 2024
Food Inflation 2.20 2.60 percent Feb 2024
GDP Price Index 123.27 122.76 points Dec 2023
Import Prices 139.90 139.50 points Feb 2024
Import Prices MoM 0.30 0.80 percent Feb 2024
Import Prices YoY -0.80 -1.30 percent Feb 2024
Consumer Inflation Expectations 3.00 3.00 percent Feb 2024
Inflation Rate YoY 3.20 3.10 percent Feb 2024
Inflation Rate MoM 0.40 0.30 percent Feb 2024
Michigan 5 Year Inflation Expectations 2.80 2.90 percent Mar 2024
Michigan Inflation Expectations 2.90 3.00 percent Mar 2024
PCE Price Index 122.31 121.91 points Feb 2024
PCE Price Index YoY 2.50 2.40 percent Feb 2024
PCE Price Index MoM 0.30 0.40 percent Feb 2024
PCE Prices 1.80 2.60 percent Dec 2023
PPI Ex Food Energy and Trade Services 130.75 130.17 points Feb 2024
PPI Ex Food, Energy and Trade MoM 0.40 0.60 percent Feb 2024
PPI Ex Food, Energy and Trade YoY 2.80 2.60 percent Feb 2024
PPI MoM 0.60 0.30 percent Feb 2024
PPI 143.43 142.63 points Feb 2024
PPI YoY 1.60 1.00 percent Feb 2024
Rent Inflation 5.74 6.04 percent Feb 2024
Services Inflation 4.95 4.94 Percent Feb 2024

United States Energy Inflation
Energy Inflation in the United States accounts for more than 9 percent of the consumer price index.
Actual Previous Highest Lowest Dates Unit Frequency
-1.90 -4.56 47.13 -28.09 1958 - 2024 Percent Monthly
NSA