Chart 1. BLS official gasoline price measures
Month CPI for gasoline PPI for gasoline PPI for gasoline margins

May 2019

100.000 100.000 100.000

June 2019

95.086 91.874 126.300

July 2019

95.855 93.424 99.900

August 2019

91.779 88.774 119.600

September 2019

90.943 84.547 103.400

October 2019

92.385 87.318 104.100

November 2019

91.367 84.124 103.600

December 2019

89.906 81.963 104.100

January 2020

89.181 83.842 105.300

February 2020

85.788 78.441 109.400

March 2020

79.436 62.612 143.700

April 2020

66.349 29.403 198.400

May 2020

66.206 42.649 169.500

June 2020

72.843 57.539 147.800

July 2020

76.369 63.222 142.300

August 2020

76.389 62.705 135.900

September 2020

76.954 61.766 141.800

October 2020

75.738 61.672 145.400

November 2020

73.702 59.277 141.900

December 2020

76.209 65.383 128.200

January 2021

81.479 73.978 131.900

February 2021

87.090 80.695 126.400

March 2021

97.290 95.068 125.600

April 2021

99.235 96.947 135.800

May 2021

103.386 102.630 126.500

June 2021

105.668 105.261 130.500

July 2021

108.291 112.439 132.859

August 2021

108.995 110.002 140.130

September 2021

109.345 110.973 149.945

October 2021

113.337 117.697 137.759

November 2021

116.507 118.855 153.323

December 2021

113.999 108.795 171.552

January 2022

114.090 115.377 150.493

February 2022

120.196 129.186 155.581

March 2022

143.979 152.936 203.203

April 2022

142.526 150.444 213.106

May 2022

153.707 171.033 162.980

June 2022

168.981 194.721 160.556

July 2022

155.942 164.703 180.845

August 2022

136.944 138.840 205.688

September 2022

129.215 132.069 185.786

October 2023

133.182 138.011 187.620

November 2023

128.324 126.206 192.961

December 2023

112.259 102.927 220.872

January 2023

115.796 115.311 188.014

February 2023

117.766 121.357 183.308

March 2023

118.905 122.519 155.761

April 2023

125.115 132.226 156.363

May 2023

123.400 122.365 177.139

Note: CPI = Consumer Price Index; PPI = Producer Price Index; BLS = U.S. Bureau of Labor Statistics.

Source: U.S. Bureau of Labor Statistics.