And there you have it. CPI comes in at 6.5%, the lowest inflation rate since October 2021.
Wow! Inflation is going down, we’re practically deflationary if you have no idea how basic math works!
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Well, technically prices did fall in December. The CPI is a 12-month lookback.
It did! Unless we have negative inflation though, I would assume these prices are here to stay and this is our new normal. Right? How often do we see deflation?
