Economy

Gas prices dip below $4 but inflation remains stubbornly high November 10, 20269:35 AM ET

Scott Horsley

The average price of regular gasoline dipped below $4 a gallon for the first time in three months, according to AAA. Ronaldo Schemidt/AFP via Getty Images hide caption

Ronaldo Schemidt/AFP via Getty Images

Inflation-scarred consumers are finding a bit of relief these days at an unlikely place: the gas pump.

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The average price of gasoline dipped below $4 a gallon Tuesday for the first time in three months, according to AAA. The price of regular gas has fallen by 38 cents in the last month to a national average of $3.98.