![]() ![]() ![]() "I'm a lot less worried now than I was six months ago, eight months ago, when the prices were rising so rapidly and I didn't know when that was going to cool down," says Blacker. And that's having a big impact on the day-to-day lives of many Americans, especially commuters like Kate Blacker from Jersey City, N.J., who travels about an hour each day to her job at a community college. Since then, gasoline prices have tumbled more than 26%. Back then, inflation had topped 9%, fueled in part by record-high gasoline prices following Russia's invasion of Ukraine. It was a totally different picture this time last year. Inflation has fallen sharply from its peak last year Here are five things to know about the state of inflation today. What's more, forecasters say inflation could fall further in the months to come.īut two years of high inflation has left its scars, and people are adjusting their habits, potentially in permanent ways. The Labor Department reported Wednesday that the consumer prices in June were up just 3% from a year ago - the smallest annual increase since March 2021. Terms & conditions apply: bp.com/price-match-terms.Inflation has been bruising Americans for more than two years - and it's finally losing some of its punch. If we find a lower price, your Price Match savings are capped at a maximum of 5c/gal. Posted credit price at bp/Amoco will be compared to the posted credit price according to GasBuddy® at any fuel station within a 2 mile radius at the same time. New Price Match subscribers get the first 30 days free. *Subscription fee of 99¢/month & purchase of at least 1 gal of fuel required in a BPme Rewards transaction. Visa and Visa Signature are registered trademarks of Visa International Service Association and used under license. Cards are issued by First National Bank of Omaha (FNBO®), pursuant to a license from Visa U.S.A. For additional information about Annual Percentage Rates (APRs), fees and other costs, see the Summary of Credit Terms. Apple Pay is a registered trademark of Apple Inc. In those instances, the purchase will be eligible to earn rewards points instead. BP Fuel Purchases using a mobile wallet (such as Apple Pay®) will not receive a price reduction if payment system infrastructure is not in place to provide the price reduction. 3See the Rewards Program Terms and Conditions for details including earning, redemption, expiration, and forfeiture. See bp’s Price Match Program Terms and Conditions for more details. Price match is unavailable for the purchase of diesel fuel. ![]() If one of these stations has a lower posted credit price, bp will provide you with a cent per gallon savings that will be automatically applied to your next BPme Rewards fuel transaction with bp, up to a maximum of 5 cents per gallon. Price matching will be unavailable if there are no stations within a two mile radius. If no stations exist within the half mile radius, bp will expand the search until a competitor site is found, up to 2 miles. Ģ For a subscription fee of 99 cents per month, if you purchase at least 8 gallons of fuel in a BPme Rewards transaction from any bp or Amoco branded station, bp will use GasBuddy® to compare the posted credit price you paid against the posted credit price at the same time at any Exxon, Mobil, Shell, Chevron, and Marathon branded stations within a half radius of the bp or Amoco station where you purchased your fuel. 1 Recurring automated marketing messages will be sent to the mobile number provided at opt in. ![]()
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