Inflation is on the rise across the country, and Texas has not been spared by rising prices.
Though inflation rates have recently been exacerbated by the Russian war on Ukraine, federal data shows that prices have been on the rise long before that.
According to the bureau, the largest contributions to the growing CPI came from gasoline, shelter, and food.The U.S. Energy Information Administration tracks retail gasoline prices in each state. In Bexar County, the average gas price as of March 17 has been hovering around $3.92 per gallon. In Texas, the average gas price was $3.95 per gallon. In the country, the average gas price was $4.28 per gallon, according to AAA.Home prices have been on the rise for years, and it has only gotten worse since the coronavirus pandemic first began.
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