Gasoline and food: which rose the most in New York
'19.10.2021'
Nurgul Sultanova-Chetin
Gasoline prices have jumped and this has impacted many of the essentials. Patch... Recently, there has been a big jump in gas station prices in New York. But not only refueling the car hits the pockets of residents. According to federal statistics, food, furniture and clothing also rose in price.
Analysts believe that prices for gasoline jumped sharply largely due to high crude oil prices. On October 18, the average price per gallon (3,8 liters) of regular gasoline in New York City was $ 3,47, up seven cents from a week ago. A year ago, a gallon of gasoline in New York cost only $ 2,27.
According to the Bureau of Labor Statistics, rising fuel costs could have a ripple effect on other essential goods.
Food prices New York, Newark and Jersey City are up 5,5 percent over the past year. Prices for meat, poultry, fish and eggs went up by 9%.
Prices for “food at home,” that is, raw food for cooking, rose 4,6 percent. Prices for “food outside the home” (in restaurants, etc.) increased by 6,6 percent. This is the largest annual growth since 1987.
On the subject: Food will continue to rise in price: US consumers are advised to get used to it
Heating and cooling of homes is also getting more expensive, officials said. Electricity prices for households are up 10,7 percent from last year. This is the fastest growth rate in more than four years. Natural gas prices rose 16 percent and electricity prices rose 5,6 percent.
How the prices of other goods and services have grown in New York over the year
- Housing has risen in price by 1,2 percent
- Furniture and home improvement products - by 8,7 percent
- New cars rose 12,6 percent and used cars 25 percent
- The prices for alcoholic beverages increased by 1,9 percent.
- Prices for clothing and footwear increased by 4 percent
In the country as a whole, the consumer price index for all items in September increased by 0,4 percent. However, the real average hourly wages of all employees rose by only 0,2 percent.