Monthly
This dataset tracks monthly over time.
Latest Value
3.50
Year-over-Year Change
-7.71%
Date Range
12/1/1994 - 8/1/2025
Summary
The Monthly Gas Midgrade Consumer Price Index (GASMIDECM) tracks the average price paid by U.S. consumers for regular grade gasoline. This metric is a key indicator of consumer price inflation and cost of living trends.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The GASMIDECM series represents the midgrade gasoline component of the U.S. Consumer Price Index (CPI), which is the most widely used measure of inflation. This data helps economists and policymakers assess the impact of energy prices on household budgets and overall price stability.
Methodology
The data is collected through a nationwide survey of retail gasoline stations.
Historical Context
Policymakers and market analysts closely monitor this index to understand consumer spending patterns and inflationary pressures.
Key Facts
- The GASMIDECM index is published monthly by the U.S. Bureau of Labor Statistics.
- Midgrade gasoline accounts for approximately 10% of total U.S. retail gasoline sales.
- Gasoline is a major component of the overall Consumer Price Index, comprising about 3.5% of the total CPI basket.
FAQs
Q: What does this economic trend measure?
A: The GASMIDECM index measures the average price paid by U.S. consumers for midgrade gasoline. It is a component of the broader Consumer Price Index (CPI).
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding consumer price inflation and the impact of energy costs on household budgets. It provides insight into a key driver of overall inflation.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of retail gasoline stations by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the GASMIDECM index to assess inflationary pressures and the impact of energy prices on consumer spending and the broader economy.
Q: Are there update delays or limitations?
A: The GASMIDECM index is published monthly with a short lag, providing timely data on gasoline price trends.
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Citation
U.S. Federal Reserve, Monthly Gas Midgrade Consumer Price Index (GASMIDECM), retrieved from FRED.