Middle-income family purchasing power decreases due to rising gas prices: Primerica's Household Budget Index™ at 101.2% in Feb 2024.
Primerica's Household Budget Index™ shows middle-income families' purchasing power is under pressure due to rising gas prices. In Feb 2024, purchasing power was 101.2% (vs 101.6% in Jan 2024), with gas prices increasing 4.3% since the year's start. Last year, the index stood at 95.9%. The baseline for the index is set in Jan 2019.
March 27, 2024
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