Business Wire
28 May 2026, 04:00 UTC · 3h ago
Source · https://www.businesswire.com/news/home/20260527431413/en/PRIMERICA-HOUSEHOLD-BUDGET-INDEX%E2%84%A2-HBI%E2%84%A2-Rising-Gas-Prices-Limit-Purchasing-Power-of-Middle-Income-Americans-in-April/
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Gas prices rose 11% in the past month and 28% year-over-year. — Sharp energy price spikes act as a tax on consumers and are a primary driver of headline inflation.
-0.60The Primerica Household Budget Index (HBI) fell to 99.4% in April, a 1.7% decline from March. — A declining budget index suggests middle-income purchasing power is eroding, which can signal weaker consumer spending.
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Primerica is mentioned as the provider of the economic index, but the data report itself does not imply a positive or negative impact on the company's business performance.
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