"Gas Price Perception Gap: Many Americans Believe Prices Are Higher Than Reality. A new analysis by POLITICO reveals a striking disconnect between Americans' perceptions of gas prices and the actual numbers. Despite data showing moderate increases in gas prices over the past year, nearly 60% of Americans believe prices in their area have risen by more than they actually have. This disparity raises questions about the impact of misinformation and consumer anxiety on economic decision-making, and whether public perceptions of inflation are being driven by more than just facts and figures."
Three in five Americans believe gas prices in their area have risen by more than they actually have, according to a POLITICO analysis.
