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  1. Economy and Politics
  2. Inflation

Low Gas and Energy Prices Are Leaving Money in Your Wallet

By:
turnercowles
1 min read

The Consumer Price Index—a measure of the changes in Americans' cost of living—fell 0.1% in August. That was the first time the CPI fell in seven months. A big contributor to that decline was a sizeable drop in the price of gasoline. Other energy costs went lower as well. That leaves more money for Americans to spend on other areas of their lives, such as food and entertainment. One foodstuff that's up sharply: eggs, as a result of outbreaks of avian flu.

Read next: Gas Is Back Below $2 In These 3 States

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