Chart 3. Gasoline input price index including markups and official BLS gasoline measures
Month CPI for gasoline PPI for gasoline Gasoline input price index including markups

May 2019

100.000 100.000 100.000

June 2019

95.086 91.874 94.930

July 2019

95.855 93.424 93.875

August 2019

91.779 88.774 91.458

September 2019

90.943 84.547 85.979

October 2019

92.385 87.318 88.582

November 2019

91.367 84.124 85.600

December 2019

89.906 81.963 83.676

January 2020

89.181 83.842 85.535

February 2020

85.788 78.441 81.079

March 2020

79.436 62.612 72.414

April 2020

66.349 29.403 63.173

May 2020

66.206 42.649 64.351

June 2020

72.843 57.539 69.777

July 2020

76.369 63.222 73.069

August 2020

76.389 62.705 71.407

September 2020

76.954 61.766 71.621

October 2020

75.738 61.672 72.413

November 2020

73.702 59.277 69.907

December 2020

76.209 65.383 72.444

January 2021

81.479 73.978 80.244

February 2021

87.090 80.695 85.128

March 2021

97.290 95.068 97.702

April 2021

99.235 96.947 100.500

May 2021

103.386 102.630 104.582

June 2021

105.668 105.261 107.344

July 2021

108.291 112.439 114.113

August 2021

108.995 110.002 112.591

September 2021

109.345 110.973 114.544

October 2021

113.337 117.697 119.327

November 2021

116.507 118.855 121.886

December 2021

113.999 108.795 115.106

January 2022

114.090 115.377 118.473

February 2022

120.196 129.186 131.470

March 2022

143.979 152.936 157.677

April 2022

142.526 150.444 156.705

May 2022

153.707 171.033 170.462

June 2022

168.981 194.721 192.552

July 2022

155.942 164.703 165.954

August 2022

136.944 138.840 145.549

September 2022

129.215 132.069 137.230

October 2022

133.182 138.011 142.681

November 2022

128.324 126.206 132.914

December 2022

112.259 102.927 118.434

January 2023

115.796 115.311 123.199

February 2023

117.766 121.357 127.801

March 2023

118.905 122.519 125.429

April 2023

125.115 132.226 134.242

May 2023

123.400 122.365 127.619

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

Source: Author's calculations based on data from the U.S. Bureau of Labor Statistics and the Energy Information Administration.