The cost of energy in the US increased at a much slower 7.3% year-on-year in December of 2022, down significantly from a 13.1% rise in the previous month. It was the lowest reading since February of 2021, supported by a decrease in prices of gasoline (-1.5% vs 10.1% in November) and a slowdown for fuel oil (41.5% vs 65.7%). On the other hand, cost accelerated for electricity (14.3% vs 13.7%) and natural gas (19.3% vs 15.5%). source: Bureau of Labor Statistics

Energy Inflation in the United States averaged 4.67 Percent from 1958 until 2022, 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 February of 2023.

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United States Energy Inflation

Related Last Previous Unit Reference
Inflation Rate 6.50 7.10 percent Dec 2022

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
7.30 13.10 47.13 -28.09 1958 - 2022 Percent Monthly