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No one’s complaining about paying less at the pump.
Lower gas and crude oil prices also mean decreased consumer prices on related items, like power bills.
Unfortunately, not all consumer goods follow suit.
Tickets to a movie at the theater? Up 2.2% in 2015, according to the Bureau of Labor Statistics. The cost of a checking account and other bank services? Up almost 1.4%.
With some products — such as food — there’s often a lag between when gas prices dip and when you see a drop in consumer prices on goods and services, says Jennie Allison, a project manager with the Council for Regional Economic Competitiveness.
Here’s a look at where prices went in 2015 on 6 consumer favorites.