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<blockquote data-quote="KPRC2" data-source="post: 56491" data-attributes="member: 148">Households are grappling with soaring prices on gas, groceries, rent and other essentials.The latest <a href="https://www.bls.gov/news.release/pdf/cpi.pdf" target="_blank">inflation data</a> released by the Bureau of Labor Statistics, showed that consumer prices rose 9.1% during the 12-month period that ended in June -- the biggest yearly increase since December 1981 and a new pandemic-era peak.Here is how inflation is affecting the Houston area.SOUND OFF: <a href="https://www.click2houston.com/news/local/2022/06/08/sound-off-how-is-inflation-affecting-your-spending/" target="_blank">How is inflation affecting your spending?</a><h4>Gas prices</h4>The increase in gas prices has become one of the most noticeable ways people are feeling the effects of inflation.As of this writing, the national average price for a gallon of regular unleaded gas is $4.33, which is 17 cents less when compared to this day last week and $1.17 more than the price per gallon at the same time last year.This month, the statewide gas price average slipped below $4 for the first time since May. Currently, the average price for a gallon of gas in Texas is $3.83, 15 cents less than it was a week ago and about $1 more than it was last year, according to the AAA.In Harris County, the gas price average is $3.90, six cents less than on this day last week and over $1 more per gallon compared to this day last year.MORE: <a href="https://www.click2houston.com/news/local/2022/02/24/gas-prices-at-the-pump-this-is-what-fuel-is-costing-people-in-houston-area-across-the-us-as-russia-invades-ukraine/" target="_blank">This is what fuel is costing people in Houston area, across the US as summer travel season ramps up</a><h4>Food prices</h4>Shoppers are also facing higher prices at the grocery store. Inflation has pushed up prices on fruits and vegetables, meat, dairy and baked goods. During the 12-month period that ended in June, the price of eggs rose 64.9%. Chicken breast is up 36.2%, flour nearly 40%, and milk 22.2%, according to the latest <a href="https://www.bls.gov/news.release/pdf/cpi.pdf" target="_blank">inflation data</a> released by the Bureau of Labor Statistics.<a href="https://www.click2houston.com/news/local/2022/07/27/charts-show-how-inflation-is-affecting-houston/" target="_blank">Continue reading...</a></blockquote>

[QUOTE="KPRC2, post: 56491, member: 148"] Households are grappling with soaring prices on gas, groceries, rent and other essentials. The latest [URL='https://www.bls.gov/news.release/pdf/cpi.pdf']inflation data[/URL] released by the Bureau of Labor Statistics, showed that consumer prices rose 9.1% during the 12-month period that ended in June -- the biggest yearly increase since December 1981 and a new pandemic-era peak. Here is how inflation is affecting the Houston area. [B]SOUND OFF: [/B][URL='https://www.click2houston.com/news/local/2022/06/08/sound-off-how-is-inflation-affecting-your-spending/'][B]How is inflation affecting your spending?[/B][/URL] [HEADING=3][B]Gas prices[/B][/HEADING] The increase in gas prices has become one of the most noticeable ways people are feeling the effects of inflation. As of this writing, the national average price for a gallon of regular unleaded gas is $4.33, which is 17 cents less when compared to this day last week and $1.17 more than the price per gallon at the same time last year. This month, the statewide gas price average slipped below $4 for the first time since May. Currently, the average price for a gallon of gas in Texas is $3.83, 15 cents less than it was a week ago and about $1 more than it was last year, according to the AAA. In Harris County, the gas price average is $3.90, six cents less than on this day last week and over $1 more per gallon compared to this day last year. [B]MORE: [/B][URL='https://www.click2houston.com/news/local/2022/02/24/gas-prices-at-the-pump-this-is-what-fuel-is-costing-people-in-houston-area-across-the-us-as-russia-invades-ukraine/'][B]This is what fuel is costing people in Houston area, across the US as summer travel season ramps up[/B][/URL] [HEADING=3][B]Food prices[/B][/HEADING] Shoppers are also facing higher prices at the grocery store. Inflation has pushed up prices on fruits and vegetables, meat, dairy and baked goods. During the 12-month period that ended in June, the price of eggs rose 64.9%. Chicken breast is up 36.2%, flour nearly 40%, and milk 22.2%, according to the latest [URL='https://www.bls.gov/news.release/pdf/cpi.pdf']inflation data[/URL] released by the Bureau of Labor Statistics. [url="https://www.click2houston.com/news/local/2022/07/27/charts-show-how-inflation-is-affecting-houston/"]Continue reading...[/url] [/QUOTE]

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