Americans weary of high prices didn’t get much relief in 2025, as the nation’s inflation rate continued to rise even after hitting 40-year highs earlier this decade.
Among the biggest contributors to high inflation are utility bills. Electricity prices rose 6.7% year over year in December, according to the latest Bureau of Labor Statistics data. Utility gas services spiked 10.8%. Both figures were well above the overall inflation rate of 2.7%.
