Handles on a gas pump in Brooklyn. Jonathan Fickies /Landov hide caption toggle caption Jonathan Fickies /Landov The Two-Way Gasoline Pushed Consumer Prices Up Sharply In February March 15, 2013 Prices rose overall by 0.7 percent. The major factor: a 9.1 percent surge in gasoline. Since February, though, gas prices have retreated. So economists do not think the latest report changes the inflation picture.