Petrol prices jumped 3.9 percent month-to-month, accounting for one-third of the overall inflation increase in August.

US Producer Price Index surged 5.4% year-over-year in August 2026, beating estimates of 5.3% as diesel fuel prices spiked 24.1% in a single

US consumer prices likely rose in August due to higher gasoline costs. Crude oil reaching a new all-time high by December 31 at 15.5% YES.