Consumer prices increased modestly from October to November, but the falling price of gasoline helped keep overall inflation in check.
By the numbers: Gas prices were down 8.9% year over year and down 6% compared with October, according to the Consumer Price Index released today, Nathan writes.
The average price of a gallon of regular unleaded gas is now below $3 in 23 states, according to AAA.
Worth noting: New vehicle prices, which had led inflation higher earlier in the pandemic, were up only 1.3% year-over-year in November.
The cost of buying a vehicle and fueling it up isn't soaring anymore.