Slowing inflation shows up in our daily lives
1 big thing
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The Effects of Cooling Inflation on Consumers
A lot of that decline is because of sharply lower energy prices, other commodities like food. Food prices rose by 0.1%. Used car prices, which had also run up a great deal during the pandemic,. Well, they fell outright by 0.5%. So these are everyday items that consumers have to pay for.
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