Inflation has pulled back significantly from its pandemic-era peak. In fact, some categories have fallen into outright deflation, meaning consumers are seeing the prices decline instead of rise.
Deflation Definition Deflation is when consumer and asset prices decrease over time, and purchasing power increases. Essentially, you can buy more goods or services tomorrow with the same amount of ...
Inflation figures influence everything from tax decisions and welfare spending to interest rates and growth projections.
Some segments of the U.S. economy are seeing deflation, meaning prices are falling for consumers. That's largely happening for physical goods such as furniture and bedding, clothing, household ...