Story perspectives
Food Prices Fall, Shelter Inflation Remains a Concern
8/17/2025
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Story summary
- Food prices increased by 11.4% in August 2022 but have since decreased to 3%, surpassing the overall inflation rate of 2.7%.
- Shelter price inflation peaked at 8.2% in August 2023 and is currently at 3.7%.
- Gas prices have decreased by 25% year-over-year since summer 2023.
- Economists are concerned that tariffs may lead to higher domestic prices.
