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U.S. diesel prices near $6.50 as fuel costs threaten inflation expectations

  • Diesel prices surged in the United States, while gasoline prices also increased.
  • Diesel reached nearly $6.50, about 18% above August’s average; gasoline hit $4.48.
  • Consumer surveys have not yet fully reflected the latest fuel-price increase.

U.S. diesel prices have climbed to nearly $6.50, about 18% above August’s average, while gasoline has reached $4.48. The sharp fuel-price increase could affect inflation expectations, although consumer surveys have not yet fully captured the latest move. The development is being watched ahead of Friday’s final Michigan release.

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