All items increased by 6.5% when comparing December 2021 and December 2022.
Indianapolis — 0.1% price drop on all merchandise from November through December.
What is driving the decline? gas.
However, you probably won’t notice a decrease as important areas such as groceries have increased.
Yearly comparison
All items increased by 6.5% when comparing December 2021 and December 2022.
In particular, food prices rose by 11.8%. If a year ago he was billed $150 a week, today he may be closer to $168.
Gas prices fell 1.5% year-on-year.
Energy utilities, including electricity and pipe gas, are growing 15.6% annually. If your utility bill was $300 a month, by December 2022 it will be close to $350.
Bankrate’s Greg McBride said inflation was more stubborn than expected.
“Things are moving in the right direction, but we are early on the road and still have a long way to go to bring inflation down to or near the 2% target,” McBride said.
save money
To save money on groceries, buy sale items and use coupons.
In addition to store and manufacturer coupons, you can save money with cashback and point apps. Two popular apps are Ibotta and Fetch.
For utilities, see the Home Energy Report.
For example, AES sends them in front of bills to show how electricity is being used.
If you’re struggling to pay your winter bills, you can find resources here.
